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Resolution for HSIP <br />Grant Applications <br />September 8, 2009 <br />Page 2 <br />FISCAL IMPACT <br />The City will need to provide 10 percent matching funds and the Highway <br />Safety Improvement Program will provide 90 percent of the funding for any <br />project that is approved for funding. The City's 10 percent match for <br />those projects receiving HSIP grant funds will be budgeted in a future <br />Capital Improvement Program. <br />% ~ <br />~, ~ ti <br />George Alvarez <br />Acting Executive Director <br />Public Works Agency <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~•'' <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management <br />55C-2 <br />Services Agency <br />