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REC2UEST FOR i ,k. COUNCIL ACTION CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: JULY 19, 2010 TITLE: APPROVED p As Recommended APPROPRIATION ADJUSTMENT p As Amended p Ordinance on 1" Reading ACCEPTING GMA FUNDS FOR p ordinance on z~ Reading TRAFFIC SIGNAL SYSTEM p Implementing Resolution UPGRADE PROJECT p Set Public Hearing For y/ J7 CONTINUED TO (.~"~--Z~K~~~~ir ~ FILE NUMBER ITY MANAGER RECOMMENDED ACTION Approve an appropriation adjustment accepting funds in the amount of $40,000 into the Measure M - Street Construction Fund (accounting unit 03217002-52330) and appropriating the funds to the Measure M -Street Construction Fund (accounting unit 03217660-66220, project no. 106712) for the Traffic Signal System Upgrade Phase V project. DISCUSSION The Traffic Signal System Upgrade Phase V project is one of eight projects to replace the City's outdated traffic signal system and controllers. The project is identified in Fiscal Year 09/10 with $312,000 in funding from the Measure M Program. Recently, the Growth Management Area # 5 Board has approved an additional $40,000 for this project. In order to recognize the additional funds in the current fiscal year, an appropriation adjustment is needed. The funds will be used for construction of the project. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action- FISCAL IMPACT Funds received in the total amount of $40,000 will be deposited into the Measure M - Street Construction fund (accounting unit 03217002-52330) and appropriated into the Measure M -Street Construction fund (accounting unit 03217660-66220, project no. 106712). APPROVED AS TO FUNDS AND ACCOUNTS: y r Raul Godinez II Francisco Gutierrez Executive Directo Executive Director Public Works Agency Finance & Management Services Agency 20A-1