HomeMy WebLinkAboutR-11509 authorizing appropriation of Capital Projects Reserve Funds to support the Mid-Higuera Bypass Project (Spec. 2090649)R 11509
RESOLUTION NO. 11509 (2024 SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS
OBISPO, CALIFORNIA, AUTHORIZING APPROPRIATION OF CAPITAL
PROJECTS RESERVE FUNDS TO SUPPORT THE MID-HIGUERA
BYPASS, SPECIFICATION NUMBER 2090649
WHEREAS, in October of 2003, Council adopted the Waterway Management Plan
identifying the Mid-Higuera Bypass project (“Project) as a preferred project; and
WHEREAS, since January of 2012, the Flood Control and Water Conservation
District Zone 9 County Advisory Board have provided funding to support Planning,
Environmental Review, and Design Services of the Project; and
WHEREAS, in September of 2013, City entered into a reimbursement agreement
with the Flood Control and Water Conservation District Zone 9 for the development and
construction of projects identified in the Waterway Management Plan; and
WHEREAS, in January of 2020, Council authorized staff to pursue the State
Coastal Watershed Flood Risk Reduction Grant to supplement construction funding for
the Project; and
WHEREAS, in March of 2023, the City entered into a funding agreement with the
State of California Department of Water Resources for the Mid-Higuera Bypass Project as
part of the Coastal Watershed Flood Risk Reduction Program for up to $6,078,707; and
WHEREAS, the approved 2023-25 Financial Plan designated $1,250,000 of Local
Revenue Measure funding and $1,400,000 of Zone 9 funding toward the project for the
2023-24 Fiscal Year and an additional $2,850,000 or LRM funding toward the Project for
the 2024-25 Fiscal Year; and
WHEREAS, the Flood Control and Water Conservation District Zone 9 County
Advisory Board program allocated an additional $225,000 of Zone 9 Funding toward the
Project for FY24/25; and
WHEREAS, the approved 2024-25 Supplemental Budget designated an additional
$45,000 from the Water Fund toward the Project for the 2024-25 Fiscal Year; and
WHEREAS, City staff has requested $1,000,000 to be appropriated from Capital
Projects Reserve Fund upon award of a construction contract to supplement project costs;
and
WHEREAS, a balance of approximately $4,010,000 is available from the Capital
Projects Reserve Fund; and
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Resolution No. 11509 (2024 Series) Page 2
R 11509
WHEREAS, Staff anticipate realized savings within the Roadway Sealing 2024
project, Specification Number 2000615 of greater than $2,000,000 upon award of the
construction contract; and
WHEREAS, Staff are requesting Finance Director authority to approve the transfer
of up to $1,000,000 of LRM funds from Roadway Sealing 2024 upon award of a construction
contract to supplement project costs; and
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis
Obispo as follows:
SECTION 1. The 2024-25 budget is hereby amended to appropriate $225,000 of
Zone 9 funding to Mid-Higuera Bypass, Specification No. 2090649 upon award of a
construction contract.
SECTION 2. The City Council authorizes the Finance Director to appropriate up
to $1,000,000 from the Capital Reserve Fund to Mid-Higuera Bypass, Specification No.
2090649 upon award of a construction contract.
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Resolution No. 11509 (2024 Series) Page 3
R 11509
SECTION 3. The City Council authorizes the Finance Director to appropriate up to
$1,000,000 from the Roadway Sealing 2024, Specification No. 2000615 to Mid-Higuera
Bypass, Specification No. 2090649 upon award of a construction contract.
Upon motion of Council Member Shoresman, seconded by Council Member Marx,
and on the following roll call vote:
AYES: Council Member Francis, Marx, Shoresman, Vice Mayor Pease, and
Mayor Stewart
NOES: None
ABSENT: None
The foregoing resolution was adopted this 16th day of July 2024.
___________________________
Mayor Erica A. Stewart
ATTEST:
__________________________
Teresa Purrington
City Clerk
APPROVED AS TO FORM:
__________________________
J. Christine Dietrick
City Attorney
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the
City of San Luis Obispo, California, on ______________________.
___________________________
Teresa Purrington
City Clerk
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7/19/2024 | 10:09 AM PDT