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HomeMy WebLinkAboutR-11609 approving the creation of a new CIP for the Open-Loop Payment System and authorizing the FinR 11609 RESOLUTION NO. 11609 (2025 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, APPROVING THE CREATION OF A NEW CAPITAL IMPROVEMENT PROJECT FOR THE OPEN-LOOP PAYMENT SYSTEM AND AUTHORIZING THE FINANCE DIRECTOR TO APPROPRIATE $271,000 IN SENATE BILL 125 GRANT FUNDS TO THE OPEN-LOOP PAYMENT SYSTEM PROJECT ACCOUNT WHEREAS, On January 23, 2024, the City Council of the City of San Luis Obispo held a Study Session at a regularly scheduled public meeting to review the draft Transit Innovation Study and provided direction to staff to finalize the study and to begin implementation; and WHEREAS, The second highest ranked recommendation of the Transit Innovation Study was to purse implementation of open loop payment system in coordination with San Luis Obispo Council of Governments (SLOCOG) and San Luis Obispo Regional Transit Authority (RTA); and WHEREAS, On January 15, 2025, Council adopted Resolution No. 11538 (2025 Series) authorizing the Mayor to execute a cooperative agreement with SLOCOG for Senate Bill (SB) 125 funds and the appropriation of funds to associated capital projects ; and WHEREAS, On May 20, 2025, Council authorized execution of agreements for the open-loop payment system project and an amendment to the cooperative agreement with SLOCOG to allow reimbursement of City-incurred project costs; however, staff neglected at that time to recommend the creation of a project or the appropriation of funds to the open-loop payment system project; and WHEREAS, The creation of new Capital Improvement Project and the appropriation of SB 125 funds to the open-loop payment system project require Council approval and are necessary to move the project forward. NOW, THEREFORE, BE IT RESOLVED that the Council of the City of San Luis Obispo does hereby authorize the creation of a new Capital Improvement Project and the appropriation of SB 125 funds to the open-loop payment system project as follows: SECTION 1. Environmental Review. The recommended action is not considered a “Project” under California Environmental Quality Act (CEQA) Guidelines Section 15378, because it involves administrative/technology implementation and does not have the potential for resulting in either a direct or reasonably foreseeable indirect physical change in the environment. Docusign Envelope ID: A7D47410-321C-44E3-AA38-AC2EF92D4374 Resolution No. 11609 (2025 Series) Page 2 R 11609 SECTION 2. Approval. The City Council of the City of San Luis Obispo does hereby: 1. Approve the creation of a new Capital Improvement Project , Number 2000406, for the Open-Loop Payment System; and 2. Authorize the Finance Director to appropriate $271,000 in Senate Bill (SB) 125 funds to the Open-Loop Payment System Project Account. Upon motion of Vice Mayor Shoresman, seconded by Council Member Francis, and on the following roll call vote: AYES: Council Member Boswell, Francis, Marx, Vice Mayor Shoresman, and Mayor Stewart NOES: None ABSENT: None The foregoing resolution was adopted this 18th day of November 2025. ___________________________ 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 Docusign Envelope ID: A7D47410-321C-44E3-AA38-AC2EF92D4374 11/21/2025 | 3:33 PM PST