HomeMy WebLinkAboutR-11366 authorizing use of Capital Projects Reserve Fund to support the City Hall Meeting Room Tenant Improvement ProjectR 11366
RESOLUTION NO. 11366 (2022 SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS
OBISPO, CALIFORNIA, AUTHORIZING USE OF CAPITAL PROJECTS
RESERVE FUND TO SUPPORT THE CITY HALL MEETING ROOM
TENANT IMPROVEMENTS, SPECIFICATION NUMBER 1000055
WHEREAS, in June of 2021, City Council approved the 2021-23 Financial Plan –
Capital Improvement Program, which identified the City Hall Meeting Room Tenant
Improvements (Project) with the current budget of $130,000 to support implementation of
the work; and
WHEREAS, in June of 2022, City Council adopted the Fiscal Year 2022-23 Budget
Supplemental, which identified an additional $130,000 to support construction work for the
Project upon award; and
WHEREAS, to provide funding to support the total construction contract for the
Project, staff is recommending City Council approve the use of an additional $160,000 from
the Capital Projects Reserve Fund; and
WHEREAS a balance of approximately $1.1 million is available from the Capital
Projects Reserve Fund.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis
Obispo as follows:
DocuSign Envelope ID: 74D3B8C7-9234-4B26-870B-C45F1DDBF811
Resolution No. 11366 (2022 Series) Page 2
R 11366
SECTION 1. The City Council authorizes staff to transfer $160,000 from the
Capital Projects Reserve Fund to the City Hall Meeting Room Tenant Improvement
project account 1000055-01.
Upon motion of Vice Mayor Christianson, seconded by Council Member
Shoresman, and on the following roll call vote:
AYES: Council Member Marx, Pease, Shoresman, Vice Mayor
Christianson, and Mayor Stewart
NOES: None
ABSENT: None
The foregoing resolution was adopted this 4th day of October 2022.
___________________________
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: 74D3B8C7-9234-4B26-870B-C45F1DDBF811
10/6/2022 | 2:21 PM PDT