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HomeMy WebLinkAboutRDA CIP FUNDING 03-05-84REDEVELOPMENT AGENCY G--\' 3A i 3-5-84 , ', i ,3- ~'-~, _ , ~,.u~.-, Inter - C om OAT~: FEBRUARY 22, ~984 $1J~J ECT: WILLIAM HUSTON, EXECUTIVE DIRECTOR TUSTIN COMMUNITY REDEVELOPMENT AGENCY BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER RE-APPROPRIATION OF CAPITAL IMPROVEMENT FUNDING RECOMMENDATION: That the Tustin Community Redevelopment Agency, at their meeting of March 5, 1984, authorize the re-appropriation of Town Center Redevelopment Agency funds in the amount of $18,400 for traffic signal relocation and driveway modifications at the entrance of the Tustin Heights Shopping Center. BACKGROUND: In May, 1983, the Tustin Community Redevelopment Agency (R.D.A) authorized the expenditure of $18,400 for traffic signal relocation and driveway relocation at the entrance to Tustin Heights Shopping Center on Irvine Blvd. at the intersection of. Old Irvine Blvd. This modification was a joint effort between the developer and the R.D.A. This authorization was made after the initial budget submittal and was not included within the 1983-84 Budget Document. DISCUSSION: The plans for this modification have now been completed and the project is now ready to proceed. It is the intent that the developer would be responsible for all on-site modification and the R.D.A. for all work within the public right-of-way. In order to proceed with this i~rovement, it will be necessary for the R.D.A. to re-appropriate $18,400.00 to the 1983-84 Town Center Capital Improvement Budget. The Finance Director has indicated that adequate funds exist to accommodate this project. Bob Ledendecker Director of Public Works/City Engineer BL:jr k..__ J