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HomeMy WebLinkAboutAGENDA REPORT 2008 0416 CC REG ITEM 10LTT EM Q• L MOORPARK CITY COUNCIL - - - -- AGENDA REPORT TO: Honorable City Council FROM: Yugal K. Lail, City Engineer /Public Works Director Prepared by: Dave Klotzle, Assistant City Engineer DATE: April 11, 2008 (CC Meeting of 04/16/08) SUBJECT: Consider Resolution Amending the Fiscal Year 2007/08 Budget to Appropriate Funds for the Construction of Intersection Modifications for Dual Left -Turn Lanes from Northbound Moorpark Road to Westbound Tierra Rejada Road — Project 8075 BACKGROUND On March 19, 2008, the City Council directed staff to proceed with the modification of Moorpark Road to provide dual left-turn lanes onto Tierra Rejada Road. The modifications include restriping the lane lines and removing a portion of the raised median. An encroachment permit has been procured from the County of Ventura to execute this work. On April 2, 2008, the City Council adopted Resolution No. 2008 -2699 establishing Project 8075 and funding the project from the Citywide Traffic Mitigation Fund (Carlsberg Portion - Fund 2002). DISCUSSION Informal bids for the construction of the project have been received. It is anticipated that the construction contract price for the project will be approximately $35,000. The amending Resolution being considered also provides funds for project design and inspection costs. If the recommended action is taken, staff will move design costs already incurred, from the Gas Tax Fund (Account No. 2605.8310.0000.9102) to the subject project (Project 8075). SAPublic Works \Everyone \Staff Reports\2008Wpril \Moorpark Dual Left revise funding.doc 10 U 10 ,4 Honorable City Council April 16, 2008 Page 2 FISCAL IMPACT The estimated project construction cost is summarized as follows: Description Amount ($) Estimated initial contract amount 35,000 Contingency 5,000 Total 40,000 A summary of revised project costs is summarized as follows: STAFF RECOMMENDATION (Roll Call Vote) Adopt Resolution No. 2008 - amending the Fiscal Year 2007/08 Budget to revise the funding for Project 8075. Attachment: Resolution SAPublic Works \Everyone \Staff Reports\200MAprilWoorpark Dual Left revise funding.doc ' e 90105 Current Proposed Revised Account No. Budget ($) Chan a ($) Budget ($) 2002.8310.0000.9102 - Construction 30,000 (30,000) 0 2002.8310.8075.9601 - Design 0 3,800 3,800 2002.8310.8075.9640 - Construction 0 40,000 40,000 Total 30,000 13,800 43,800 STAFF RECOMMENDATION (Roll Call Vote) Adopt Resolution No. 2008 - amending the Fiscal Year 2007/08 Budget to revise the funding for Project 8075. Attachment: Resolution SAPublic Works \Everyone \Staff Reports\200MAprilWoorpark Dual Left revise funding.doc ' e 90105 Attachment A RESOLUTION NO. 2008- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2007/08 BUDGET TO APPROPRIATE FUNDS FOR PROJECT 8075: INTERSECTION MODIFICATIONS FOR DUAL LEFT - TURN LANES FROM NORTHBOUND MOORPARK ROAD TO WESTBOUND TIERRA REJADA ROAD [CITY -WIDE TRAFFIC MITIGATION FUND (CARLSBERG PORTION - FUND 2002)] WHEREAS, on June 20, 2007, the City Council adopted the budget for Fiscal Year 2007/2008; and WHEREAS, on March 19, 2008, the City Council directed staff to proceed with Intersection Modifications for Dual Left -Turn Lanes from Northbound Moorpark Road to Westbound Tierra Rejada Road; and WHEREAS, on April 2, 2008, the City Council adopted Resolution No. 2008 -2699 funding this project; and WHEREAS, it is necessary to increase the amount of the appropriations and budget for the project; and WHEREAS, Exhibit "A" attached hereto and made a part hereof, describes said budget amendment and its resultant impacts to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a budget amendment in the aggregate increase of $13,800 as 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 April, 2008. ATTEST: Deborah S. Traffenstedt, City Clerk Patrick Hunter, Mayor k 0 0 10',6 Resolution No. 2008 - Page 2 EXHIBIT A BUDGET AMENDMENT FOR PROJECT 8075 INTERSECTION MODIFICATIONS FOR DUAL LEFT TURN LANES FROM NORTHBOUND MOORPARK ROAD TO WESTBOUND TIERRA REJADA ROAD FY 2007/08 FUND ALLOCATION FROM: Fund Account Number Amount -.City-Wide Traffic Mitigation Fund 2002 -5500 $13,800 Total $0 $13,800 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2002.8310.0000.9102 $30,000 ($30,000) $0 2002.8310.8075.9610 Design $0 $3,800 $3,800 2002.8310.8075.9640 Constr. $0 $40,000 $40,000 Total $30,000 $13,800 $43,800 Approved: )0107