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HomeMy WebLinkAboutReso 2018-178RESOLUTION NO. 2018-178 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2018-19 CIP BUDGET TO ESTABLISH A NEW CAPITAL IMPROVEMENT PROJECT, CVEATC BRIDGE REPAIR FY2018-19 (GGV0241), AND APPROPRIATING $250,000 TO THE CAPITAL IMPROVEMENT FUND BASED ON UNANTICIPATED REVENUE FROM LEXINGTON INSURANCE COMPANY WHEREAS, on February 1, 2018, the Chula Vista Elite Athlete Training Center pedestrian bridge was struck by an inbound semi-truck causing the bridge to collapse; and WHEREAS, the pedestrian bridge was initially designed with a vertical clearance of 14 feet that does not accommodate semi-trucks and is the primary entrance for deliveries; and WHEREAS, a claim was filed for the occurrence and the City’s property insurer, Lexington Insurance Company, has advanced a payment of $250,000 pursuant to the claim; and WHEREAS, an unknown amount of additional revenue may be needed to complete the repairs and additional appropriations may be needed; and WHEREAS, Staff recommends establishing a CIP for the CVEATC Bridge Repair FY2018-2019 (GGV0241) and appropriating the advance payment of $250,000 to that CIP budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it amends the Fiscal Year 2018-19 budget to establish a new Capital Improvement Project, CVEATC Bridge Repair FY2018-2019 (GGV0241), and appropriates $250,000 to the Capital Improvement Fund based on unanticipated revenue from Lexington Insurance Company to CIP GGV0241. [SIGNATURES ON THE FOLLOWING PAGE] DocuSign Envelope ID: F5462CA4-F265-4E9F-8177-CD1323C6EE22 Resolution No. 2018-178 Page No. 2 Presented by Approved as to form by William S. Valle Glen R. Googins Director of Engineering & Capital Projects City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 14th day of August 2018 by the following vote: AYES: Councilmembers: Aguilar, Diaz, McCann, and Padilla NAYS: Councilmembers: None ABSENT: Councilmembers: Casillas Salas Mary Casillas Salas, Mayor ATTEST: Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2018-178 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 14th day of August 2018. Executed this 14th day of August 2018. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: F5462CA4-F265-4E9F-8177-CD1323C6EE22