HomeMy WebLinkAboutAgenda Statement 1973/01/09 Item 05AGENDA ITEM~NOo [5]
CHULA VISTA CITY COUNCIL MEETING OF: January Q~ 1973
ITEM TITLE: Resolution - Approving Special Appropriation for Participation
in Sweetwater River Flood Control Project
INITIATED BY:
BACKGROUND:
Director of Public Works/City EngineerJ~
Resolution 5545 authorized the City to participate in the acquisition
of rights of way for the Sweetwater Flood Control Project. The City
agreed to pay 30~ of the interest involved in amounts advanced by the
State for the purchase of right of way. Quarterly payments toward such
interest have been made during the last four fiscal years.
A letter received from the County Department of Sanitation and Flood
Control (acting as local coordinator for the project) on December 7,
1972 revised their interest cost projections. There are two basic
reasons for the upward revision:
1. Reimbursements of funds advanced by the State have taken
longer than assumed in the projections, thereby increasing the total
interest due.
2. Right of way costs are running approximately 10% higher than
originally anticipated, again resulting in increased total interest paid.
The Chula Vista share for interest during the 72-73 fiscal year has
increased from $7,500 to an estimated $11,500. It is necessary that
additional monies in the amount of $4,000 be made available in order
to meet the City's obligation per the cooperative agreement with the
County .
ATTACHED: Resolution [X] Ordinance [ ] Agreement [ ] Plat [ ]
See EXHIBITS [X] No~ 1
Financial Statement
Appropriate $4,000 from the unappropriated reserves
of the General Fund to be placed into Activity 3111
account number 5451.
Commission-Board Recommendation:
N.A.
Department Head Recommendation:
Recommends approval of appropriation.
City Manager Recommendation:
Concur with Department Head
/~-,i
Form_ No-. .CA 10 2
7-66
CERTIFICATE OF CITY FINANCE OFFICER
Certification of Unappropriated Balance
I HEREBY CFRTIFY that the money required for the
appropriation of funds f_or the purpose set forth in the
attached resolution is available in the Treasury, or is
anticipated to come into the Treasury, and is otherwise
unappropriated.
Amount $ 4,000.00 Fund General
Purpose Participation in Sweetwater River Flood Control Project
Bidder
Finance Officer
The City of Ch/u la Vista
Date 1 /4 / 7 3 B Y ~4,z,n~~a. ~ ~ ~~J cz-z~~~.~,
Certification of Unencumbered Balance
I HEREBY CERTIFY that the indebtedness and oblig-
ation to be incurred. by the contract or agreement author-
ized by the attached resolution can be incurred without
the violation of. any of the provisions of the Charter of
the City of_ Chula Vista, or the Constitution or the laws
of the State of California, that sufficient monies have
been appropriated for the purpose of_ said contract, that
sufficient monies to meet the obligations of the contract
are actually in the Treasury, or are anticipated to come
into the Treasury to the credit of the appropriation from
which the same are to be drawn, and that said monies now
actually in the Treasury, together with the monies antic-
ipated to come into the Treasury, to the credit of said
appropriation are otherwise unencumbered.
Amount Not to Exceed $
Finance Officer
The City of Chula Vista
Date
Fund
Purpose
Bidder
By
Dept./Activity
Certificato No._~~--~"""-~~ ~,