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HomeMy WebLinkAboutCC RES 12-10RESOLUTION 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 113 FUNDS FROM THE TUSTIN RANCH ROAD PAVEMENT REHABILITATION PROJECT CIP NO. 70195 TO THE ANNUAL ROADWAY REHABILITATION PROJECT, FY 11/12 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 project 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 project accounting for the Tustin Ranch Road Pavement Rehabilitation Project CIP No. 70195 shows a surplus of State Proposition 1B 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 1B 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. Resolution 12-10 Page 1 of 2 PASSED AND ADOPTED by the City Council of the City of Tustin, at a regular meeting on the 21St day of February, 2012. P. ATTE AMELA STOKE 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. 12-10 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 21St day of February, 2012, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED COUNCILMEMBER ABSENT: PAMELA STOKE'K—, City Clerk Nielsen, Murray, Amante, Gavello, Gomez (5) None (0) None None (0) (0) Resolution 12-10 Page 2 of 2