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HomeMy WebLinkAboutReso 2020-040RESOLUTION NO. 2020-040 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE FISCAL YEAR 2019/20 CIP PROGRAM BUDGET BY ESTABLISHING A NEW CIP PROJECT, SWR0321 “RIDA BAYFRONT SEWER IMPROVEMENTS;” AND APPROPRIATING FUNDS THEREFOR WHEREAS, the City Council of the City of Chula Vista approved a Reimbursement Agreement between the City and RIDA Chula Vista LLC to construct specified Bayfront Sewer Improvements; and WHEREAS, approval of this Resolution will create a new CIP project, SWR0321, “RIDA Bayfront Sewer Improvements,” and will transfer $1,195,000 from the available balance of the Sewer Income Fund and transfer $715,000 from the Capital Improvement Projects Fund to the newly-created SWR0321. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it approves amending the Fiscal Year 2019/20 CIP Program Budget by establishing a new CIP project, SWR0321, “RIDA Bayfront Sewer Improvements.” BE IT FURTHER RESOLVED by the City Council of the City of Chul a Vista that it approves transferring $1,195,000 from the available balance of the Sewer Income Fund and transferring $715,000 from Capital Improvements Projects Fund to the newly-created SWR0321. [SIGNATURES ON THE FOLLOWING PAGE] DocuSign Envelope ID: C8AA0E8B-8CC4-4693-930E-4B24C08A173B Resolution No. 2020-040 Page No. 2 Presented by Approved as to form by David Bilby, MSBA, CPFO Glen R. Googins Director of Finance/Treasurer City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 18th day of February 2020 by the following vote: AYES: Councilmembers: Diaz, Galvez, McCann, Padilla, and Casillas Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None 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. 2020-040 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 18th day of February 2020. Executed this 18th day of February 2020. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: C8AA0E8B-8CC4-4693-930E-4B24C08A173B