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BUDGETARY MATTERS <br />APPROPRIATION ADJUSTMENTS <br />Councilmember Martinez requested clarification on request for additional <br />funding. Interim Executive Director of Public Works, William Galvez detailed <br />the history and street priority. Councilmember Sarmiento noted that over 300 <br />miles of street recently renovated; some streets in need for repair. <br />MOTION: <br />1. Approve a contract change order to add local street improvements to <br />the construction contract with All American Asphalt in the amount of <br />$1,000,000, which increases the total estimated contract to <br />$7,786,182. <br />2. Authorize the City Manager to execute said change order in an <br />amount not to exceed $1,000,000 for construction of local streets. <br />3. Approve an appropriation adjustment. (Requires five affirmative <br />votes) <br />APPROPRIATION ADJUSTMENT NO. 2014 -095 - Recognizing $176,271 <br />in unrecognized interest earnings on Gas Tax revenue bond proceeds, <br />transferring the funds to the Gas Tax Residential Street Improvement <br />revenue account, and appropriating the same into the Gas Tax <br />Residential Street Improvement expenditure account, which totals <br />$1,000,000 when added to the undesignated bond proceeds of $823,729. <br />MOTION: Martinez <br />VOTE: AYES: <br />NOES: <br />ABSTAIN <br />ABSENT: <br />SECOND: Sarmiento <br />Amezcua, Benavides, Martinez, Pulido, Reyna, <br />Sarmiento, Tinajero (7) <br />None (0) <br />None (0) <br />None (0) <br />CITY COUNCIL MINUTES 8 MAY 20, 2014 <br />1 0A -8 <br />