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HomeMy WebLinkAboutR-11673 authorizing budget adjustments for the Prado Creek Bridge Replacement ProjectR 11673 RESOLUTION NO. 11673 (2026 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, AUTHORIZING BUDGET ADJUSTMENTS FOR THE PRADO CREEK BRIDGE REPLACEMENT PROJECT WHEREAS, the Prado Creek Bridge Replacement Project (Bridge Project) will replace the structurally deficient Prado Road bridge over San Luis Obispo Creek and improve the Prado Road and South Higuera Street intersection, multimodal access, safety, and utility reliability; and WHEREAS, the Bridge Project budget currently includes $4,130,000 in Federal Earmark Funds, although the maximum authorized reimbursement is $2,065,000; and WHEREAS, the Bridge Project budget currently includes $6,000,000 in Highway Bridge Program Funds that are not yet authorized for expenditure; and WHEREAS, the estimated Highway Bridge Program funding for the Bridge Project is currently $13,861,673, and the correct amount will be appropriated when those grant funds are authorized for expenditure; and WHEREAS, these budget adjustments will align the projects' funding sources and grant appropriations with current reimbursement authorizations without increasing the total approved project budgets; and NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1: Environmental Review. The funding actions authorized by this resolution are not subject to environmental review under the California Environmental Quality Act because they are not a project, as defined by State CEQA Guidelines Section 15378, and do not commit the City to any change in the previously approved projects. SECTION 2: Grant Budget Adjustments. The City Council authorizes the Finance Director, or designee, to: 1. Decrease the Federal Earmark Fund appropriation for the Prado Creek Bridge Replacement Project from $4,130,000 to $2,065,000 to correct a duplicated appropriation and align the project budget with the maximum authorized grant reimbursement. 2. Decrease the Highway Bridge Program Fund appropriation for the Prado Creek Bridge Replacement Project from $6,000,000 to $0 because the funds are not currently authorized for expenditure. The correct grant amount will be appropriated when the funds are authorized for expenditure. Docusign Envelope ID: 9C727422-FC86-84BA-804A-4A52F68AD1C3 Resolution No. 11673 (2026 Series) Page 2 R 11673 SECTION 3: Administrative Authority. The Finance Director, or designee, is authorized to make the accounting entries and other administrative adjustments necessary to implement this resolution. Upon motion of Council Member Shoresman, seconded by Council Member Boswell, and on the following roll call vote: AYES: Council Member Boswell, Marx, Shoresman, Vice Mayor Francis, and Mayor Stewart NOES: None ABSENT: None The foregoing resolution was adopted this 4th day of August 2026. ___________________________ 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: 9C727422-FC86-84BA-804A-4A52F68AD1C3 8/10/2026 | 10:00 AM PDT