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HomeMy WebLinkAboutR-5820 Appropriating Funding to Acquire an Option to Purchase Right-of-Way for Widening Higuera StreetRESOLUTION NO. 5820 (1985 SERIES) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO APPROPRIATING ADDITIONAL MONEY IN ORDER TO ACQUIRE AN OPTION TO PURCHASE RIGHT -OF -WAY REQUIRED FOR WIDENING HIGUERA STREET WHEREAS, the City wishes to widen and realign a portion of Higuera Street between Madonna Road and South Street to improve traffic flow and safety; and WHEREAS, this widening and realignment will require purchase of right- of -way along the frontage of the building at 148 -182 Higuera Street; and WHEREAS, the City has not planned to appropriate money for the right- of -way purchase until fiscal year 1986 -87; and WHEREAS, the owners of the right -of -way have offered the City a $20,000 option to purchase the right -of -way in fiscal year 1986 -87; and WHEREAS, this option to purchase will grant the City flexibility in proceeding with the proposed widening and realignment; NOW THEREFORE BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: I. To authorize the appropriation of an additional $20,000 from unappropriated street fund balances to project fund number 882. 2. To direct the Finance Director to make the journal entries required to record this additional appropriation. R 5820 Resolution No. 5820 (1985 Series) On motion of Councilman Settle , seconded by Councilman Dunin and on the following roll call vote: AYES: Councilmembers Settle, Dunin, Dovey, Griffin and Mayor Billig NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 19th day of November , 1985. ATT ST: -2 i CII, CLERK PAMELA UGES AP Q City /(4ministkIarW Of cer City Public Works Director Finance Direc V r higstrow dfr #2 pr ,• clone. Pom, erC J u' �i