HomeMy WebLinkAboutAgenda Statement 1973/06/26 Item 11AGENDA ITEM N0. [11 ]
CHULA VISTA CITY COUNCIL MEETING OF: June 26, 1973
ITEM TITLE: Resolution - Authorizing Additional Gas Tax Funds for Gas Tax
Project #165
INITIATED BY: Director of Public Works/City Engineer
BACKGROUND
Council Resolution 6466 of May 23, 1972 authorized the expenditure of
$61,863 of Gas Tax funds to cover the City's share of the $215,552 contract
cost for the TOPICS Interconnect System.
Since the TOPICS Program requires the contracting agent - City of Chula
Vista - to assume the full contract cost, then apply for their Federal
share as a refund, Gas Tax funds are being used to finance the entire
project.
The FY73-74 budget has the estimated Federal refund of $170,000 shown as
revenue. Contingency costs, estimated by the State at $15,000, were not
included in the 6466 Resolution; however, now that the project is well
into the construction phase, necessary change orders require the use of
contingency funds.
At the completion of the project, all unused contingency funds will be
returned to the 2106 unexpended reserves. The following breakdown shows
the City's Gas Tax share and the Federal Governments refund share.
City $ 4,268
Federal 10,732
1 0
ATTACHED: Resolution [X] Ordinance [ ] Agreement [ ] Plat [ ]
See EXHIBITS [g] No. 1
Financial Statement: Funds to cover $15, 000 of contingencies will be trans-
erre rom Unexpended Gas Tax reserves to Gas Tax Project 165 - TOPICS
Traffic Interconnect System, with the total authorized City expenditure
being $4,268 and the Federal refund being $10,732.
Commission-Board Recommendation:
N.A.
Department Head Recommendation:
Approval.
City Manager Recommendation: Concur with Department Head.
Q~9/7
c ,;rm No . CA 10 2
7-66
CERTIFICATE OF CITY FINANCE OFFICER
Certification of Unappropriated Balance
I HEREBY CERTIFY that the money required for the
appropriation of funds for 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 $ Fund
Purpose
Bidder
Finance Officer
The City of Chula Vista
Date By
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.
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Amount Not to Exceed $ ~~ ~G c>
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` Finance Officer
The City of Chula Vista
Date (~- ~- 2~~ ~ 7 3 By
Fund _ ~ f ~~~~ Dept . /Activity Z~ - ~ 10c ~. /~~
Purpose __~~~ L: ~ ~ ~~% ~~ ~/'`' i ~~
Bidder /c^,/J~ L /' _ ~ n ~Q ~~~~~z .?
Certificate No. _
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