HomeMy WebLinkAbout7462RESOLUTION NO. 7462
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, AMENDING THE FISCAL YEAR 2022-23 CAPITAL
IMPROVEMENT PROGRAM BUDGET AUTHORIZING AN
APPROPRIATION FOR THE BALDWIN AVENUE STREETSCAPE
IMPROVEMENT PROJECT IN THE AMOUNT OF $2,100,000, OFFSET
BY A REDUCTION IN THE MEASURE M FUND OF $500,000 AND IN
THE MEASURE R FUND OF $1,600,000
WHEREAS, on June 7, 2022, the City Council expressed interest in funding a
project to improve the parkways and sidewalks on Baldwin Avenue between Huntington
Drive and Camino Real Avenue, and requested a cost estimate for a three-phase project;
and
WHEREAS, on September 6, 2022, the City Council reviewed the cost estimate
for the three phases of improvements per their request, and granted their approval to
seek funding for phases one and two, in the estimated amount of $2,100,000; and
WHEREAS, funding is determined to be available in the Measure M fund balance
in the amount of $500,000 and in the Measure R fund balance in the amount of
$1,600,000, fora total of $2,100,000; and
WHEREAS, the City Manager has certified that there are sufficient reserves
available in the Measure R and Measure M Funds for appropriation.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA,
CALIFORNIA, DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS:
SECTION 1. The sum of Two Million, One Hundred Thousand Dollars
($2,100,000) is hereby appropriated in the Baldwin Avenue Streetscape Improvement
Project, offset by a reduction in the Measure M fund balance in the amount of $500,000
and in the Measure R fund balance in the amount of $1,600,000.
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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. 7462 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 18th day of October, 2022 and that said Resolution was adopted by the
following vote, to wit:
AYES: Danielson, Tay, Verlato, Cheng, and Beck
NOES: None
ABSENT: None
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Ci Jerk of the City of Arcadia
SECTION 2. The City Clerk shall certify to the adoption of this Resolution.
Passed, approved and adopted this 18th day of October, 2022.
ATTEST'
City erk
APPROVED AS TO FORM:
Stephen P. Deitsch
City Attorney
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Mayor of the City of Arcadia