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HomeMy WebLinkAboutReso 1973-6917RESOLUTION N0. 6917 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING ADDITIONAL GAS TAX FUNDS TO BE EXPENDED FOR GAS TAX PROJECT #165 - TOPICS TRAFFIC INTERCONNECT SYSTEM The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, Council Resolution No. 6466 adopted May 23, 1973, 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, and WHEREAS, since the TOPICS program requires the contracting agent, the 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, and WHEREAS, the fiscal 1973-74 budget has the estimated Federal refund of $170,000 shown as revenue, and WHEREAS, contingency costs, estimated by the State at $15,000, were not included in Resolution 6466 and now that the project is well into the construction phase, necessary change orders require the use of conting- ency funds, and WHEREAS, at the completion of the project, all unused contingency funds will be returned to the 2106 unexpended reserves; the following break- down shows the City's Gax Tax share and the Federal Government's refund share: City $4,268 Federal 10,732 15,000 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that the sum of $15,000 be and the same is hereby authorized to be transferred from Unexpended Gas Tax reserves to Gas Tax Project #165 - TOPICS Traffic Interconnect System. Presented by Approved as to form by .>, L e Cole, Director o Public Works George D ind erg, City Attor a ADOPTED AND APPROVED BY THE CITY COUNCIL OF~ THE! CI`.T'Y OF CHULA VISTA, CALIFORNIA, this 26th day of June , 1973, by the following vote, to-wit: AYES: CaunC.i.2men Hobel, Hamilton, Hvde Egdahl Scott r NAYES : C a un c.i.~m e n None ABSENT: CaunC~,.2men None . ~ya~c c the .cry a ~ hu ~. ~ ti~ a ATTEST C-/--'~ C~,zy e~c ` STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY f~F CHULA VISTA ) I , JINNI ~ M, ~C11ASZ, Ca.~~,gann~.a, DU ff~R~BY C~RTI ~Y ~'nue and can~.ec~ copy ob C~.~y C2e~ch a 5 the C~,.ty a ~ Chc~.~a ~%,,s~a, ~ha~ the abase and ~anega~;ng ~.~ a ~u.~.E, and zha~ the dame hob na.t been amended an ~cepea.2ed. ~AT~D: . ~. y e n h. --- >~