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Appropriation Adjustment for Measure M2 Grant Award <br />September 7, 2021 <br />Page 2 <br />1 <br />9 <br />4 <br />6 <br />PROJECT PHASE FY GRANT AWARD <br />Bristol Street/Memory Lane <br />Intersection Improvements Construction 21/22 $1,012,500 <br />Fairview Street Improvements <br />from 9th Street to 16th Street Right-of-way 21/22 $1,937,250 <br />Fairview Street Improvements <br />from 9th Street to 16th Street Construction 22/23 $3,721,590 <br />Warner Avenue Improvements <br />from Oak Street to Grand Avenue Construction 21/22 $9,076,305 <br />TOTAL GRANT FUNDING:$15,747,645 <br />Staff recommends approval of an appropriation adjustment to recognize the grant awards <br />and approval of an amendment to the Fiscal Year 2021-22 Capital Improvement Program <br />to include the projects in the CIP (Exhibit 2). <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with the action. <br />FISCAL IMPACT <br />Approval of the requested Appropriation Adjustment will recognize $15,747,645 in <br />Measure M2 Competitive ACE and ICE grant funds into the Measure M-Street <br />Construction Fund, Measure M2 Competitive revenue account (No. 03217002-52332) <br />and appropriate the same into the Measure M2 Competitive Street Construction Fund, <br />Improvements Other Than Building expenditure account (No. 03217663-66220). <br />EXHIBIT(S) <br />1. M2 CTFP Master Funding Agreement – Letter Agreement No. 18 <br />2. CIP Sheets <br />Submitted By: Nabil Saba, P.E., Executive Director – Public Works Agency <br />Approved By: Kristine Ridge, City Manager