The URL can be used to link to this page

Home My WebLink AboutRES CC 2022 4075 2022 0216 RESOLUTION NO. 2022-4075 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR (FY) 2021/22 BUDGET TO FUND THE PRINCETON AVENUE IMPROVEMENT PROJECT WITH A TOTAL FY 2021/22 PROJECT BUDGET OF $18,304,969 WHEREAS, on June 16, 2021, the City Council adopted the Operating and Capital Improvement Budget for Fiscal Year (FY) 2021/22, which included $5,458,463.91 from Fund 2014 (Los Angeles Avenue Area of Contribution Fund) and included $1,287,244 from Fund 2409 (Federal & State Grants) for a total construction budget of $6,745,707.91; and WHEREAS, of the $6,745,707.91 project budget, $197,000 has been appropriated for temporary construction easements and peer review of plans, resulting in a remaining budget of $6,548,707.91; and WHEREAS, on December 1, 2021, the City published a Notice Inviting Sealed Bids for the Princeton Avenue Improvement Project; and WHEREAS, on January 14, 2022, the City received and opened six bids responding to the City's Notice; and Security Paving Company, Inc is the lowest responsible bidder, with a bid of $14,161,334; and WHEREAS, the City Engineer recommends a 15% project contingency ($2,124,200) for the Project to account for unforeseen conditions, design conflicts, and final quantity adjustments, bringing the total construction contract value for the Princeton Avenue Improvement Project to $16,285,534; and WHEREAS, the City has received a proposal from Stantec Consulting Services, the Engineer of Record for the Princeton Avenue Improvement Project, for construction administration services for the Project for $222,435, increasing the total appropriation amount for the Project to $16,704,969 (also includes $197,000 already spent during FY 2021/22); and WHEREAS, the City estimates that construction management and inspection services will cost $1,600,000 for the Princeton Avenue Improvement Project and expects to award a contract within that amount at the March 2, 2022 City Council meeting, increasing the total appropriation amount for the Project to $18,304,969; and WHEREAS, the Princeton Avenue Improvement Project includes a water pipeline relocation for Ventura County Waterworks District No. 1, who has pledged $450,000 toward this portion of the Project; and WHEREAS, the City receives development fees for traffic mitigation and deposits it into Citywide Traffic Mitigation Fund (2002), and the City Council desires to Resolution No. 2022-4075 Page 2 appropriate $2,350,000.09 from the Fund toward the Princeton Avenue Improvement Project; and WHEREAS, the Los Angeles Avenue Medians Project (C0026) budget contained $1,945,000 for construction and $68,487 for professional services, the Project was cancelled by the City Council, and the City Council desires to reallocate this budget appropriation to the Princeton Avenue Improvement Project (totaling $2,013,487); and WHEREAS, the City has secured a $456,976 Highway Infrastructure Program (HIP) grant toward the Princeton Avenue Improvement Project; and WHEREAS, the City Council desires to allocate $600,000 from its FY 2022/23 Road Maintenance & Rehabilitation: Gas and Vehicle Tax funds (Fund 2416) toward the Princeton Avenue Improvement Project; and WHEREAS, the City Council desires to allocate $5,688,798 from its American Rescue Plan Act of 2021 (ARPA) Funds toward the Princeton Avenue Improvement Project; and WHEREAS, Exhibit "A" hereof describes the above budget amendments and its resultant impact to the budget line items needed to fund the Princeton Avenue Improvement Project. 4 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: r SECTION 1. A budget amendment to establish a total FY 2021/22 project budget of $18,304,969 for the Princeton Avenue Improvement Project, as more particularly described in Exhibit A, attached hereto, is hereby approved. 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 16th day of February 2022. .� ...t. .--te X2.4--�-�-� Janice S. Parvin, Mayor ATTEST: oap o° '`-°9 'RIF . tajj Ky Span'r, ity a' IFS ri n Attachment: Exhibit A- Budget Amendment 0 04rfiD .30‘.74 Resolution No. 2022-4075 Page 3 EXHIBIT A BUDGET AMENDMENT FOR PUBLIC WORKS DEPARTMENT MULTIPLE FUNDS PRINCETON AVENUE IMPROVEMENT PROJECT FY 2021122 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount Los Angeles Avenue A.O.C. - Princeton Avenue 2014-000-00000-33990 $ 2,013,487.00 Federal&State Grants 2409-000-00000-33990 $ 456,976.00 General Fund (VCWWD Water Line Relocation Reimbursement) 1000-000-00000-33990 $ 450,000.00 Road Maintenance& Rehab: Gas&Vehicle Tax 2416-000-00000-33990 $ 600,000.00 Citywide Traffic Mitigation 2002-000-00000-33990 $ 2,350,000.09 i American Rescue Plan Act 2800-000-00000-33990 $ 5,688,798.00 Total $ 11,559 261.09 REVENUE BUDGET ALLOCATION: Account Number Current Budget Revision Amended Budget 1000-311-00020-46250 $ - $ 450,000.00 $ 450,000.00 2409-311-00020-46530 $ 1,287,244.00 $ 456,976.00 $ 1,744,220.00 $ - $ - $ - $ - $ - $ - $ - $ - $ - Total $ 1,287,244.00 $ 906,976.00 $ 2,194,220.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2014-311-00020-55200 $ 197,000.00 $ - $ 197,000.00 2014-311-00020-55200 $ 5,261,463.91 $ 2,013,487.00 $ 7,274,950.91 2409-311-00020-55200 $ 1,287,244.00 $ 456,976.00 $ 1,744,220.00 2416-311-00020-55200 $ - $ 600,000.00 $ 600,000.00 1000-311-00020-55200 $ - $ 450,000.00 $ 450,000.00 2002-311-00020-55200 $ - $ 527,565.09 $ 527,565.09 2002-311-00020-55300 $ - $ 1,822,435.00 $ 1,822,435.00 2800-311-00020-55200 $ - $ 5,688,798.00 $ 5,688,798.00 Total $ 6,745,707.91 $ 11,559,261.09 $ 18,304,969.00 Resolution No. 2022-4075 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2022-4075 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 16th day of February, 2022, and that the same was adopted by the following vote: AYES: Councilmembers Castro, Enegren, Groff, Pollock, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 17th day of February, 2022. Ir14 Ky Spa ger, City rk (seal) /�aAPAJa C 4414 m. 10 1 9A V