HomeMy WebLinkAbout07 ADOPT RESOLUTION NO. 12-10- AG E ~ DA REPORT Revre elt~em
~. u
~, City Manager
Finance Director
MEETING DATE: FEBRUARY 21, 2012
TO: JEFFREY C. PARKER, CITY MANAGER
FROM: DOUGLAS S. STACK, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER
SUBJECT: ADOPT RESOLUTION NO. 12-10 TO REALLOCATE SURPLUS STATE
PROPOSITION 1 B FUNDS TO THE ANNUAL ROADWAY REHABILITATION
PROJECT CIP NO. 70001
SUMMARY
On January 6, 2009, the City Council adopted Resolution No. 09-02, amending the Capital
Improvement Program (CIP) for Fiscal Year 2008-09 to recognize funding from State Proposition
16 for the Tustin Ranch Road Pavement Rehabilitation Project CIP No. 70195. The Tustin Ranch
Road Rehabilitation Project has now been completed. Adoption of Resolution No. 12-10 will
enable the City to reallocate surplus State Proposition 1 B funds from the Tustin Ranch Road
Project to this year's Annual Roadway Rehabilitation Project CIP No. 70001.
RECOMMENDATION
It is recommended that the City Council adopt Resolution No. 12-10 amending the Capital
Improvement Program for Fiscal Year 2011-12 to reallocate all remaining surplus State Proposition
1 B funds from the Tustin Ranch Road Pavement Rehabilitation Project CIP No. 70195 to the
Annual Roadway Rehabilitation Project CIP No. 70001.
FISCAL IMPACT
The recommended action will amend the Fiscal Year 2011-12 Capital Improvement Program
Budget by reallocating approximately $234,818 of existing State Proposition 1 B budget
appropriations from the Tustin Ranch Road Pavement Rehabilitation Project CIP No. 70195 to the
Annual Roadway Rehabilitation Project CIP No. 70001. This reallocation has been accounted for
in the Fiscal Year 2011-12 Mid Year Budget review process.
BACKGROUND
In 2006, the voters of California approved Proposition 1 B authorizing the sale of various bonds far
infrastructure improvements. Proposition 1 B specified that a portion of the bond proceeds be
allocated directly to cities for local street and road improvements. The City of Tustin received
$1,078,434 in Fiscal Year 2008-09 and allocated those funds to the Tustin Ranch Road Pavement
Rehabilitation Project CIP No. 70195.
The Tustin Ranch Road Pavement Rehabilitation Project has been completed and was accepted
by the City Council on November 15, 2011. The project accounting shows a surplus of State
Proposition 1 B funds in the estimated amount of $234,818, which the City is required to expend by
June 30, 2012.
Reallocation of Proposition 1 B Funds
February 21, 2012
Page 2
It is recommended that these unused appropriated funds be reallocated to this year's Annual
Roadway Rehabilitation Project CIP No. 70001. The additional funds will enable the expansion of
the project scope to include pavement rehabilitation at the following locations:
• Valencia Avenue between State Route 55 and Newport Avenue;
• Warner Avenue between State Route 55 and Red Hill Avenue.
Although the reallocation has been accounted for in the Mid-Year Budget adjustment, the State
Department of Finance requires a certified copy of a specific resolution to document the budget
amendment. City Council Adoption of Resolution No. 12-10 will satisfy this requirement and signify
a formal action to reallocate the surplus Proposition 1 B funds to the Annual Roadway
Rehabilitation Project CIP No. 70001.
t~ouglas S. Stack, P.E.
C~irectnr~ of Public Works/City Engineer
Attachment: Resolution No. 12-10
S:\City Council Items\2012 Council ItemslAdopt Reso 12-10 To Reallocate Surplus Prop 1 B Funds.docx
RESOLUTION NO. 12-10
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN,
CALIFORNIA AMENDING RESOLUTION NO. 11-53, WHICH ADOPTED
THE CITY OF TUSTIN'S BUDGET FOR FISCAL YEAR 2011-12, TO
ADJUST THE CAPITAL IMPROVEMENT PROGRAM BUDGET TO
REALLOCATE SURPLUS STATE PROPOSITION 1 B FUNDS FROM THE
TUSTIN RANCH ROAD PAVEMENT REHABILITATION PROJECT CIP
NO. 70195 TO THE ANNUAL ROADWAY REHABILITATION PROJECT,
FY 11112 CIP NO. 70001
WHEREAS, on July 19, 2011, the City Council of the City of Tustin approved
Resolution No. 11-53, which approved the Capital Improvement Program Budget for
Fiscal Year 2011-12; and
WHEREAS, the City's Capital Improvement Program Budget has previously
included funding from State Proposition 1 B for construction of the Tustin Ranch Road
Pavement Rehabilitation Project CIP No. 70195 in the amount of $1,078,434; and
WHEREAS, construction of the Tustin Ranch Road Pavement Rehabilitation
Project CIP No. 70195 has been completed and the praject was accepted by the City
Council of the City of Tustin on November 15, 2011 by adoption of Resolution No. 11-81;
and
WHEREAS, the praject accounting for the Tustin Ranch Road Pavement
Rehabilitation Project CIP No. 70195 shows a surplus of State Proposition 1 B funds in
the amount of $234,818;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Tustin, California, hereby amends Resolution No. 11-53 to adjust the Capital
Improvement Program Budget for Fiscal Year 2011-12 to reallocate all remaining
surplus State Proposition 1 B funds from the Tustin Ranch Road Pavement
Rehabilitation Project CIP No. 70195 in the estimated amount of $234,818 to the Annual
Roadway Rehabilitation Project, FY 11/12 CIP No. 70001 to provide for pavement
rehabilitation on Valencia Avenue between State Route 55 and Newport Avenue, and
Warner Avenue between State Route 55 and Red Hill Avenue.
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. 12-10 to document City Council approval of the budget amendment.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of
Tustin held on the 21St day of February 2012.
ATTEST:
John Nielsen, Mayor
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 is
five; that the above and foregoing Resolution No. 12-10 was duly and regularly passed
and adopted at a regular meeting of the City Council held on the 21St day of February,
2012 by the following vote:
COUNCILMEMBER AYES:
COUNCILMEMBER NOES:
COUNCILMEMBER ABSTAINED:
COUNCILMEMBER ABSENT:
PAMELA STOKER,
City Clerk