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05 - Coop Agmt - Parking Lot 3rd-Bush
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05/16/2011
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05 - Coop Agmt - Parking Lot 3rd-Bush
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1/3/2012 3:32:29 PM
Creation date
5/16/2011 10:59:50 AM
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City Clerk
Doc Type
Agenda Packet
Item #
05
Date
5/16/2011
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Cooperative Agreement - <br />Parking Lot Improvements <br />May 16, 2011 <br />Page 2 <br />The City is in the process of renovating several parking lots at various park site locations. For <br />cost efficiencies, this project was bid as part of the City's Parking Lot and Parks Improvement <br />Project. The cooperative agreement provides for the Agency to fund the cost of the <br />improvements to the public parkng lot located at the northeast corner of 3~d and Bush Streets. <br />Based on the terms of the cooperative agreement, the Redevelopment Agency will reimburse the <br />City for all improvements including the future landscaping and upgraded irrigation of the parking <br />lot. The public parking lot is located within the Merged Project Area. <br />FISCAL IMPACT <br />Funds are available in the Merged Capital Projects (accounting unit 57018830-66220). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~~ <br />.~ <br /> `~ ~` r <br />, ~ <br />.. '. ~az ~ .~ <br />, <br />Gab~iela P. Lomeli <br />Redevelopment Project Manager 1 <br />Community Development Agency <br />Francisco Gutierrez ` <br />Executive Director <br />Finance & Mgmt. Services Agency <br />NTE/GPL/mlr <br />Exhibit: 1. Cooperative Agreement <br />5-2 <br />
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