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HomeMy WebLinkAboutReso 2019-130RESOLUTION NO. 2019-130 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2019/20 CIP BUDGET BY APPROPRIATING $400,000 FROM UNANTICIPATED REVENUE RECEIVED FROM LEXINGTON INSURANCE COMPANY TO THE CAPITAL IMPROVEMENT FUND FOR THE CVEATC PEDESTRIAN BRIDGE REPAIR PROJECT (GGV0241) AND APPROPRIATING $40,000 FROM THE CHULA VISTA ELITE ATHLETE TRAINING CENTER FUND TO GGV0241 WHEREAS, per City of Chula Vista City Council Resolution No. 2018-178, City staff created the CVEATC Pedestrian Bridge Repair Project (CIP GGV0241) for the design and repair of the CVEATC bridge and guard house; and WHEREAS, pursuant to its claim with Lexington Insurance Company (Lexington), City received an initial partial payment of $250,000; and WHEREAS, City appropriated the initial partial payment of $250,000 to CIP GGV0241; and WHEREAS, on June 10, 2019, the City received an additional partial payment on its claim in the amount of $400,000; and WHEREAS, staff recommends appropriating the additional partial payment of $400,000 from Lexington, and $40,000 from the Chula Vista Elite Athlete Training Center Fund, to CIP GGV0241 in order to commence and complete the project design. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it authorizes appropriating $400,000 from unanticipated revenue received from Lexington Insurance Company to CIP GGV0241 and appropriating $40,000 from Chula Vista Elite Athlete Training Center Fund to GGV0241. [SIGNATURES ON THE FOLLOWING PAGE] DocuSign Envelope ID: 6DF7FB26-5C15-4ACA-9201-75973B318383 Resolution No. 2019-130 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 9th day of July 2019 by the following vote: AYES: Councilmembers: Diaz, Galvez, McCann, and Casillas Salas NAYS: Councilmembers: None ABSENT: Councilmembers: Padilla 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. 2019-130 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 9th day of July 2019. Executed this 9th day of July 2019. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: 6DF7FB26-5C15-4ACA-9201-75973B318383