HomeMy WebLinkAboutAGENDA REPORT 2000 0202 CC REG ITEM 11ECITY OF MOORPARK
AGENDA REPORT
CITY OF MOORPARK, CALIFORNIA
City Council Meeting
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BY:
TO: The Honorable City Council '
FROM: Kenneth C. Gilbert, Director of Public Works
DATE: January 21, 2000 (Council Meeting 2 -2 -00)
SUBJECT: Consider Resolution No. 2000- Amending the FY
1999/2000 Budget by Reducing the Total Appropriation
and Budget for Project 8021 [Spring Road Rehabilitation
Project] and Changing the Funding Source for Said
Project From the Spring Road / Tierra Rejada Road AOC
Fund [Fund 25021 to the Los Angeles Avenue AOC [Fund
2501]
DISCUSSION
A. Background and Overview
The Budget for FY 1999/00 includes funding for the subject
project (reference Project 8021). The funding source
identified in the budget for this project is incorrect. The
purpose of this report and attached Resolution is to revise
the funding source to be compatible with certain funding
source restrictions. The recommended action also reduces the
amount of the appropriation to reflect the revised initial
revenues anticipated for this project.
B. Project Description
Project 8021 - the Spring Road Rehabilitation Project -
provides for the rehabilitation of the pavement, sidewalk and
other street improvements along Spring Road between New Los
Angeles Avenue and High Street. These improvements are to be
undertaken by the City pursuant to the terms of the
Relinquishment Agreement between the City and Caltrans. That
Agreement provides for an advance payment to the City from
Caltrans in the amount of $530,000. The Agreement also
stipulates that the total costs to be funded by Caltrans shall
not exceed $750,000.
Spg_rehab_bgt_00_01 € 00 t. 09
Spring Road Rehab Project
January 21, 2000
Page 2
The City Engineer has been authorized to proceed with the
project design. Construction is anticipated to occur in the
Summer of 2000.
C. Revised Funding Source
The subject project is currently funded by Fund 2502, the
Spring Road / Tierra Rejada Road AOC Fund. Expenses to that
fund are restricted to transportation improvement projects
located at or south of the Arroyo Simi. It is proposed that
the funding source be changed to the Los Angeles Avenue AOC
Fund and that the Caltrans revenues and project expenses be
directed to that fund.
D. Revised Amount
The current amount of the budget is $545,000. It is
recommended that the amount of the Budget be reduced to
$530,000, which is the amount of the advance payment expected
to be paid by Caltrans in the very near future.
STAFF RECOMMENDATION [Roll Call Vote]
Adopt Resolution No. 2000- amending the FY 1999/2000 Budget
by reducing the total appropriation and budget amount for Project
8021 and changing the funding source for said project from the
Spring Road / Tierra Rejada Road AOC Fund [Fund 25021 to the Los
Angeles Avenue AOC Fund [Fund 25011.
Attachments:
Resolution
Spg_rehab_bgt_00_01 000210
RESOLUTION NO. 2000 -
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AMENDING THE FY
1999/2000 BUDGET BY REDUCING THE TOTAL
APPROPRIATION AND BUDGET FOR PROJECT 8021
[SPRING ROAD REHABILITATION PROJECT] AND
CHANGING THE FUNDING SOURCE FOR SAID PROJECT
FROM THE SPRING ROAD / TIERRA REJADA ROAD AOC
FUND [FUND 25021 TO THE LOS ANGELES AVENUE AOC
[FUND 25011
WHEREAS, on June 23, 1999, the City Council adopted the
Budget for Fiscal Year 1999/00; and
WHEREAS, a staff report has been presented to the City
Council requesting a budget decrease in the aggregate amount of
$(15,000) ; and
WHEREAS, Exhibit "A," attached hereto and made a part hereof,
describes said budget amendment and its resultant impacts to the
budget line item(s).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK,
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. That a Budget amendment is hereby approved to
change the total amount of the appropriation and Budget for
Project 8021 and changing the funding source for said project, as
more particularly described in Exhibit "A" attached hereto and
made a part hereof.
SECTION 2. The City Clerk shall certify to the adoption of
this resolution and shall cause a certified resolution to be filed
in the book of original resolutions.
PASSED AND ADOPTED this day of , 2000.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk
Attachments:
Exhibit 'A': Appropriation and Budget Detail
Resolution No. 2000 -
Exhibit "A"
REVISED APPROPRIATIONS FOR
Project 8021 (Spring Road Rehabilitation Project)
FUND
ACCOUNT NUMBER
APPROPRIATION REQUEST
Spring Road Tierra Rejada
Road AOC Fund.
2502.0000.0000.5500
$(545,000)
Los Angeles Avenue AOC Fund
2501.0000.0000.5500
$530,000
TOTALS:
$33,000
$(151000)
DISTRIBUTION OF APPROPRIATIONS TO EXPENSE ACCOUNT NUMBERS
ACCOUNT NUMBER
CURRENT
FY 1999/2000
APPROPRIATION
SUBJECT
APPROPRIATION
j (REDUCTION)
REVISED
APPROPRIATION
2502.8301.8021.0000
$545,000
$ (545,000)
$0
2501.8301.8021.9601
Design
$0
$33,000
$33,000
2501.8301.8021.9640
Construction
$0
$457,000
$457,000
2501.8301.8021.9650
Inspection
$0
$ 40,000
$ 40,000
TOTALS:
$545,000
$ (15,000)
$530,000
Approved as to form:
00021114-2