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Cooperative Agreement With <br />Santa Ana Unified School District <br />February 20, 2007 <br />Page 2 <br />The City and the SAUSD agreed to share the cost of this improvement. To <br />receive the funds from the SAUSD, a cooperative agreement is needed <br />with the SAUSD. As part of the Cooperative Agreement, the SAUSD will be <br />required to provide the City with $70,000 to fund the modification of a <br />traffic signal on Edinger Avenue and Mohawk Drive. The City will pay <br />the remainder of the cost which is also estimated to be $70,000. The <br />funds received by the City will be used for design and construction of <br />the traffic signal. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />Funds in the amount of $70,000 for the City's share of the cost for this <br />proposed agreement are available in the Select Street Construction fund <br />(account no. 59-551-6631). Funds received from the SAUSD in the amount <br />of $70,000 will be deposited into the Select Street Construction fund <br />(account no. 59-O1-5621-6) and appropriated into the Select Street <br />Construction fund (account no. 59-551-6631). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~'"tx/ ~~~~~~ .~J4. ~ MCA( n n~~ ~~ <br />James G.~Ross Francisco Gutierrez /~ <br />Executive Director Executive Director ^' <br />Public Works Agency Finance & Mgmt. Services Agency <br />25A-2 <br />