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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~ <br />~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />OCTOBER 17, 2005 <br />TITLE: <br /> <br />APPROVED <br />o As Recommended <br />o As Amended <br />o Ordinance on 1" Reading <br />o Ordinance on 2'" Reading <br />o Implementing Resolution <br />o Set Public Hearing For <br /> <br />APPROPRIATION ADJUSTMENT <br />ACCEPTING FUNDS FOR THE <br />TRAFFIC SIGNAL AT MACARTHUR <br />BO EVARD AND BIRCH STREET <br /> <br />2 <br />(,.4.. <br />CI Y <br /> <br />~ / RECOMMENDED ACTION <br /> <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />Approve an appropriation adjustment accepting funds from Nexus Companies in the <br />amount of $265,000 into the Select Streets Construction and Developer <br />Contribution funds (account no. 59-01-5790) and appropriating funds to the <br />Select Streets Construction funds (account no. 59-551-6631) for the traffic <br />signal installation at MacArthur Boulevard and Birch Street. <br /> <br />DISCUSSION <br /> <br />As part of the Cooperative Agreement for Sandpointe Neighborhood Improvements., <br />the developer, the Nexus Companies, is required to fund the installation of a <br />traffic signal at MacArthur Boulevard and Birch Street. The funds received by <br />the City of Santa Ana will be used for design and construction of the traffic <br />signal. The City will be responsible for the installation. <br /> <br />ENVIRONMENTAL IMPACT <br /> <br />There is no environmental impact associated with this action. <br /> <br />FISCAL IMPACT <br /> <br />Funds in the amount of $265,000 will be deposited into the Select Streets <br />Construction and Developer Contribution funds (account no. 59-01-5790) and <br />appropriating funds to the Select Streets Construction funds (account no. 59- <br />551-6631) <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />. A---Z'~7-' <br /> <br />James G. Ross <br />Executive Director <br />Public Works Agency <br /> <br />~'~"J/' <br />?/ <br /> <br />""1 ~r: ~. , ~ .;:L <br />Fr~nclsco Gutierrez <br />Executive Director <br />Finance & Mgmt. Services Agency~ <br /> <br />208-1 <br />