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HomeMy WebLinkAboutCC RESO 2011-208RESOLUTION NO. 2011 — 208 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY AUTHORIZING A REALLOCATION OF $500,000 FROM THE 8TH STREET IMPROVEMENT — PALM AVENUE TO PARADISE VALLEY ROAD PROJECT TO THE 8TH STREET IMPROVEMENT — HIGHLAND AVENUE TO PALM AVENUE PROJECT IN THE AMOUNT OF $300,000, AND THE 4TH STREET COMMUNITY CORRIDOR BIKEWAY PROJECT IN THE AMOUNT OF $200,000 WHEREAS, on June 21, 2011, the City Council adopted the 2011-2012 Budget, which included the appropriation of $500,000 from the 2011 Tax Allocation Bond Fund — Capital Improvement Projects to the 8th Street Improvement — Palm Avenue to Paradise Valley Road Project; and WHEREAS, after a review of the 8th Street Improvement — Palm Avenue to Paradise Valley Road Project, it was determined that the project is located outside of the Redevelopment Area, therefore, it is appropriate to reallocate the $500,000 from 8th Street Improvement — Palm Avenue to Paradise Valley Road Project to two projects that are within the Redevelopment Area: the 8th Street Improvement — Highland Avenue to Palm Avenue Project in the amount of $300,000, and the 4th Street Community Corridor Bikeway Project in the amount of $200,000. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby authorizes the reallocation of $500,000 from the 8th Street Improvement — Palm Avenue to Paradise Valley Road Project to the 8th Street Improvement — Highland Avenue to Palm Avenue Project in the amount of $300,000, and the 4th Street Community Corridor Bikeway Project in the amount of $200,000. PASSED and ADOPTED this 27th day of September, 2011. on Morrison, Mayor ATTEST: Y'je aZMicl R. Della, Ci Clerk AP"",SVED AS TO FORM: Cla` : is Gacit City Attorney Passed and adopted by the Council of the City of National City, California, on September 27, 2011 by the following vote, to -wit: Ayes: Councilmembers Morrison, Natividad, Rios, Zarate. Nays: None. Absent: None. Abstain: Councilmember Sotelo-Solis. AUTHENTICATED BY: RON MORRISON Mayor of the City of National City, California f t{,�, City Cle k of the City of ational City, California By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2011-208 of the City of National City, California, passed and adopted by the Council of said City on September 27, 2011. City Clerk of the City of National City, California By: Deputy