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HomeMy WebLinkAbout7368RESOLUTION NO. 7368 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, AMENDING THE CAPITAL IMPROVEMENT PROGRAM BUDGET BY AUTHORIZING A SUPPLEMENTAL APPROPRIATION IN THE AMOUNT OF $260,000, OFFSET BY A REDUCTION IN THE MEASURE R FUND WHEREAS, in the Capital Improvement Program, a project for the Pavement Rehabilitation of Live Oak Avenue between Santa Anita Avenue and the East City Limits, has been approved; and WHEREAS, in May 2021, a Public Notice Inviting Bids was issued and nine (9) contractors placed bids, with Gentry Brothers, Inc., producing the lowest bid; and WHEREAS, although the low bid is within the current budget, the addition of design cost and a 10% contingency would put the total over the maximum budget; and WHEREAS, the City Manager has certified that there are sufficient reserves available in the Measure R Fund for appropriation. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. Tl.e sum of Two Hundred Sixty Thousand Dollars ($260,000) is hereby appropriated for the Pavement Rehabilitation of Live Oak Avenue, offset with an equal reduction in the Measure R Fund. SECTION 2. The City Clerk shall certify to the adoption of this Resolution. [SIGNATURES ON NEXT PAGE] 1 Passed, approved, and adopted this 6th day of July, 2021. ATTEST: in, erk APPROVED AS TO FORM. Stephen P. Deitsch City Attorney 2 -- 72 j G� Mayor of this of Arcadia STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) SS: CITY OF ARCADIA ) I, GENE GLASCO, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 7368 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 6th day of July, 2021 and that said Resolution was adopted by the following vote, to wit: AYES: Beck, Chandler, Verlato, Cheng, and Tay NOES: None ABSENT: None 3 y Clerk ol Ke City of Arcadia