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Increase Contingency for Grand Avenue Roadway and <br />Storm Drain Improvements <br />August 4, 2015 <br />Page 3 <br />An appropriation adjustment will be prepared to recognize expense reimbursement from <br />Southern California Edison in the amount of $42;961.27 into the Measure M Street <br />Construction revenue account (No. 03217002-57000) and appropriate the funds in the <br />Measure M2 Local Fairshare expenditure account (No. 03217662- 66220) for Project 08 -1732. <br />2. $157,038.73 in Measure M2 Local Fairshare Funds already appropriated to the project in prior <br />fiscal years will be reallocated to the project contingency (Account No. 03217662- 66220, <br />Project 08- 1732). <br />3. A second appropriation adjustment will appropriate $25,000 from Fund 224 Local Drainage <br />Area IV revenue account (No. 22417002- 50001) and $25,000 from Fund 225 Local Drainage <br />Area V revenue account (No. 22517002 - 50001) to the respective expenditure accounts (Nos. <br />22417660 -66220 and 22517660- 66220) for Project 12 -6604. <br />J' <br />re Mousavipour <br />Executive Director <br />Public Works Agency <br />FMIEWG/KW <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Fro ' isco Gutierr z <br />Executive Director <br />Finance & Management Services Agency <br />Exhibit 1: Cost Analysis <br />2: Grand Avenue Widening Location Map <br />3: Request for Council Action dated June 17, 2014 <br />20C -3 <br />