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Award Contract For Traffic Signal Modifications at Four Locations <br />August 2, 2016 <br />Page 3 <br />ENVIRONMENTAL IMPACT <br />In accordance with the California Environmental Quality Act, the recommended actions are <br />exempt from further review. Categorical Exemption Environmental Review No. 2014 -18 was filed <br />for this project. <br />FISCAL IMPACT <br />The Project Cost Analysis estimates project expenditures of $1,090,945, which include the <br />construction contract, construction administration and inspection, as well as contingencies <br />(Exhibit 4). The additional HSIP grant funds will be recognized into the Federal Aid Safety <br />Program Fund revenue account (No. 14717002 - 52001) and appropriated into the Federal Aid <br />Safety Program Fund expenditure account (No. 14717611 - 66220). With the approval of the <br />appropriation adjustment, funds in the amount of $1,044,556 will be available in the Federal Aid <br />Safety Program Fund (Account No. 14717611 - 66220) and $46,389 in the Measure M2 Local Fair <br />Share Fund (Account No. 03217662 - 66220) for expenditure in Fiscal Year 2016 -17. <br />'f ) <br />rrep eveousavepour <br />Executive Director <br />Public Works Agency <br />FM /EWG/TC /MO <br />Exhibits: 1. Location Map <br />2. Bid <br />3. Construction Contract <br />4. Cost Analysis <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director �ld <br />Finance & Management Services Agency <br />20D -3 <br />