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HomeMy WebLinkAbout7673RESOLUTION NO.7673 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA AMENDING THE FISCAL YEAR 2025-26 CAPITAL IMPROVEMENT PROGRAM BUDGET, AUTHORIZING A SUPPLEMENTAL BUDGET APPROPRIATION FOR THE PEACOCK FOUNTAIN RESURFACING PROJECT IN THE AMOUNT OF $63,414.22, OFFSET BY A REDUCTION IN THE CAPITAL OUTLAY FUND WHEREAS, the Peacock Fountain located in the northeast corner of Arcadia County Park is currently in poor condition; and WHEREAS, vandalism, age, and general deterioration of the fountain's concrete basin have led to cracks, broken nozzles, and chipped coatings; and WHEREAS, these issues have resulted in water leaks which have damaged the fountains exterior glass tile mosaic and have affected the structures' integrity; and WHEREAS, a comprehensive resurfacing project is needed to prevent further damage and extend the life of the Peacock Fountain; and WHEREAS, the total cost of the Peacock Fountain Resurfacing Project is $57,649.29, plus a 10% contingency in the amount of $5,764.93, would total $63,414.22; and WHEREAS, the need for this Project was not anticipated and therefore, no funds were included in the Fiscal Year 2025-26 Capital Improvement Program Budget for this Project; and WHEREAS, an amendment to the Fiscal Year 2025-26 Capital Improvement 1 Program Budget authorizing a supplemental budget appropriation in the amount of $63,414.22 is needed for the Peacock Fountain Resurfacing Project; and WHEREAS, the supplemental budget appropriation will be offset by a reduction in the Capital Outlay Fund; and WHEREAS, the City Manager has certified that there are sufficient reserves available in the Capital Outlay Fund. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. The sum of Sixty -Three Thousand, Four Hundred Fourteen Dollars and Twenty -Two Cents ($63,414.22) is hereby appropriated in the Capital Improvement Program Budget for the forgoing purposes, offset with an equal reduction in the Capital Outlay Fund. SECTION 2. The City Clerk shall certify to the adoption of this Resolution. [SIGNATURES ON THE NEXT PAGE] N Passed, approved and adopted this 3rd day of March, 2026. ATTEST: City Clerk APPROVED AS TO FORM' Michael J. Maurer City Attorney t Mayor of the City of Arca STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) SS: CITY OF ARCADIA ) I, LINDA RODRIGUEZ, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 7673 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 3rd day of March, 2026 and that said Resolution was adopted by the following vote, to wit: AYES: Cao, Fu, Kwan, Cheng, and Wang NOES: None ABSENT: None 51 City Clerk of the City of Arcadia