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HomeMy WebLinkAbout20D - AA TRAFFIC SIGNAL AT HARBOR BLVD KENT AVEREQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: MARCH 2, 2009 TITLE: APPROPRIATION ADJUSTMENT ACCEPTING FUNDS FOR THE TRAFFIC SIGNAL AT HARBOR BOULEVARD AND KENT AVENUE (PROJECT NO. 08-5022-C) 1 ~` CITY MANAGER f RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ^ As Recommended ^ As Amended ^ Ordinance on 15t Reading ^ Ordinance on 2nd Reading ^ Implementing Resolution ^ Set Public Hearing For_ CONTINUED TO FILE NUMBER Approve an appropriation adjustment accepting funds from California Palm in the amount of $39,300 into the select street construction fund (account no. 59-01-5790, project no. 08-5022-C) and appropriating the funds into the select street construction fund (account no. 59-551-6631, project no. 08-5022-C) for the traffic signal installation at Harbor Boulevard and Kent Avenue. DISCUSSION As part of the CEQA Environmental Compliance required for the installation of a traffic signal at Harbor Boulevard and Kent Avenue, the developer, California Palms, is required to contribute a fair share contribution. The developer funds received by the City will be used for design and construction of the traffic signal. The City has already received Hazard Safety Improvement Program (HSIP) grant funds for the remaining cost of the traffic signal. This intersection was ranked thirteenth Priority List. The City expects to hav completed by December 2009. on the City's 2007 Traffic Signal e the traffic signal installation ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. 20D-1 Appropriation Traffic Signal March 2, 2009 Page 2 of 2 FISCAL IMPACT Adjustment for at Harbor & Kent Funds in the amount of $39,300 will be deposited into the Select Street Construction fund revenue account (account no. 59-O1-5790, project no. 08-5022-C) and appropriated into the Select Street Construction fund expenditure account (account no. 59-551-6631, project no. 08-5022-C) ~' ~ ~ James G. oss Executive Director Public Works Agency APPROVED AS TO FUNDS AND ACCOUNTS: ,~ .. Francisco Gutierrez Executive Director Finance & Management Services Agency 20D-2