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HomeMy WebLinkAboutCC RES 10-102RESOLUTION NO. 10-102 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, AMENDING RESOLUTION NO. 10- 67, WHICH ADOPTED THE CITY OF TUSTIN'S BUDGET FOR FISCAL YEAR 2010-11, TO ADJUST THE CAPITAL IMPROVEMENT PROGRAM BUDGET TO REALLOCATE SURPLUS STATE PROPOSITION 1 B FUNDS FROM THE JAMBOREE ROAD PAVEMENT REHABILITATION PROJECT CIP 70194 TO THE ANNUAL MAJOR PAVEMENT MAINTENANCE PROJECT, FY 10/11 CIP NO. 70001 WHEREAS, on June 15, 2010, the City Council of the City of Tustin approved Resolution No. 10-67, which approved the Capital Improvement Program Budget for Fiscal Year 2010-11; and WHEREAS, the City's Capital Improvement Program Budget has previously included funding from State Proposition 1 B for construction of the Jamboree Road Pavement Rehabilitation Project CIP 70194 in the amount of $1,166,789; and WHEREAS, construction of the Jamboree Road Pavement Rehabilitation Project CIP 70194 has been completed and the project was accepted by the City Council of the ~ City of Tustin on September 21, 2010 by adoption of Resolution No. 10-86; and WHEREAS, the final project accounting for the Jamboree Road Pavement Rehabilitation Project CIP 70194 shows a surplus of State Proposition 1 B funds in the amount of $1,097,315; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Tustin, California, hereby amends Resolution No. 10-67 to adjust the Capital Improvement Program Budget for Fiscal Year 2010-11 to reallocate surplus State Proposition 1 B funds from the Jamboree Road Pavement Rehabilitation Project CIP 70194 in the amount of $1,097,315 to the Annual Major Pavement Maintenance Project FY 10/11 CIP 70001 to provide for pavement rehabilitation on Edinger Avenue between the Santa Ana-Santa Fe Channel and Jamboree Road, Red Hill Avenue between Barranca Parkway and Valencia Avenue, Jamboree Road between the OCTA/SCRRA Railway and Barranca Parkway, and Yorba Street between Irvine Boulevard and Seventeenth Street. BE IT FURTHER RESOLVED that the City Council of the City of Tustin hereby authorizes staff to provide the State Department of Finance with a certified copy of Resolution No. 10-102 to document City Council approval of the budget amendment. PASSED AND ADOPTED at a regular meeting of the Tustin City Council held on the 2"d day of November, 2010. Resolution 10-102 Page 1 of 2 ATTEST: PAMELA STOKER City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 10-102 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 2"d day of November 2010, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: Amante, Nielsen, Davert, Palmer, Gavello (5) None (~) None None (o) (0) P MELA STOKE City Clerk Resolution 10-102 Page 2 of 2