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HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: September 27, 2011 AGENDA ITEM NO. ITEM TITLE: Resolution of the City Council of the City of National City authorizing a change in the appropriation of funding as approved by City Council Resolution No. 2011-173 from 2011 Tax Allocation Bond (Housing) Fund to the Low/Mod Fund in the amount of $61,901.50. (Funded by Low/Mod Fund) PREPARED BY: Barby Tipton PHONE: (619) 336-4583 EXPLANATION: DEPARTMENT: Developme Divisi APPROVED BY: Engineering On June 21, 2011 the City Council adopted Resolution No. 2011-136 approving the Disposition and Development Agreement (DDA) with Paradise Creek Housing Partners LP, wherein $14,957,000 from the 2011 Tax Allocation Bond (Housing) (Fund 524), was obligated for the WI-TOD project. On August 2, 2011, the City Council adopted Resolution No.2011-173 approving an agreement with consultant Kimley-Horn where a line item was approved to fund the design of the relocation of Public Works for $61,901.50, also utilizing Fund 524. The amount budgeted in the Capital Improvement Program for the project from Fund 524 was $15,000,000. There are insufficient funds in the 524 account for both the DDA and for the design of the relocation of Public Works by consultant Kimley- Horn. It is proposed to use the Low/Mod Account (Fund 522) to pay for the design work for the relocation of Public Works to be conducted by consultant Kimley-Horn, at a cost of $61,901.50. Adoption of this Resolution will authorize the change in the appropriation from 2011 Tax Allocation Bond (Housing) Fund 524, to the Low/Mod Fund (Fund 522) for the design of the relocation of Public Works by Kimley-Horn. / FINANCIAL STATEMENT: APPROVED: �/� Finance ACCOUNT NO. APPROVED: MIS Funds are available in Fund 522 (Low/Mod) to establish an appropriation of $61,901.50 to fund the design work for the relocation of Public Works, as part of the contract with consultant Kimley-Horn. ENVIRONMENTAL REVIEW: N/A ORDINANCE: INTRODUCTION: FINAL ADOPTION: STAFF RECOMMENDATION: Adopt the Resolution BOARD / COMMISSION RECOMMENDATION: N/A ATTACHMENTS: 1. Copy of Resolution No. 2011-173 (Contract with Kimley-Horn) 2. Copy of Resolution N.O. 2011-136 (DDA with Paradise Creek Housing Partners LP) 3 Resolution