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Resolution for HSIP <br />Grant Applications <br />March 19, 2007 <br />Page 2 <br />FISCAL IMPACT <br />The City will need to provide 10~ matching funds and the Highway Safety <br />Improvement Program will provide 90~ of the funding for any project <br />that is approved for funding. The City's 10~ match for those projects <br />receiving HSIP grant funds will be budgeted in a future Capital <br />Improvement Program. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />f C' . <br />James G. Ross <br />Executive Director <br />Public Works Agency <br />i <br />~' ~ cc~o ~~r ~~ <br />Francisco Gutierrez ~ <br />Executive Director ~ <br />Finance & Management Services Agency <br />55B-2 <br />