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HomeMy WebLinkAboutAgenda Statement 1980/01/15 Item 08CITY OF CHULA VISTA COUNCIL AGENDA STATEMENT Item ~No. $ For meeting of 1/15/80 ITEM TITLE Resolution ~9"77Appropriating Additional Funds for Main Street--Otay Valley Road Widening Project, GT-52 SUBMITTED BY City Engineer ~~~.~p~ ITEM EXPLANATION (4/5TH'S VOTE REQUIRED YES x NO ) On February 17, 1975, the City Council by Resolution No. 80.50 approved an agreement between the City and the County of San Diego f_or participating in the cost of widening Main Street-Otay Valley Road from Fresno Avenue easterly to the Interstate 805 freeway. In accordance with paragraph 7 of the agreement, the City is financially responsible for 25~ of the difference between the total construction cost and the total of all State and Federal project financial assistance. By paragraph 2h, the City is also financially responsible for 25~ of the engineering costs. The agreement further stipulates that final payment is due and payable upon receipt of a bill from the County. The City has received a final billing from the County f_or its share of the project in the amount of $5h,240.47. The City's total share of the cost of the project is $172 „ 075.72. (The City made an initial payment of $105,835.25 on June 10, 1977 at the time the contract was awarded. ) KJG•fpw/AX027 ~`~~~TTTT^ (continued on supplemental page) t1~h 1IS 1 I J Agreement Resolution x Ordinance Plat x Notification List Other ENVIRONMENTAL DOCUMENT: Attached Submitted on FINANCIAL IMPACT City will assume maintenance for those portions of Main Street-Otay Valley Road within the City. STAFF RECOMMENDATION See supplemental page 3. BOARD/COMMISSION RECOMMENDATION COUNCIL ACTION ~~,Z,~.-1i~~~ ___ G~l~--------~-~----,--_-- ~y ~-~ F o rm A-113 (Rev. 5/77) Item No. 8 For meeting of 1-15-30 Supplemental Page 2 In fiscal year t974-79, $85,215 was budgeted to cover the City's final cost for the project. In March of 1979, while staff was preparing the Capital Improvement Program for fiscal year 1979--80, an estimate was received from the County that the City's final payment would be $57,000. Based upon this information, the budgeted funds f_or this project were cut to 550,000. It was not until receipt of final billing from the County that staff was aware that the City's cost would exceed the funds budgeted for the project. The final billing exceeds the funds budgeted by $5,2Q:0.47. I am requesting that the City Council appropriate and authorize this additional expenditure. There are funds available in the unappropriated balance of 210` Gas Tax funds. Included in the contract cost is the cost of constructing street improvements adjacent to Rancho Rios Subdivision. These improvements were deferred under an amendment to the subdivision improvement agreement approved by City Council Resolution No. 7037 on October 9, .1973. The developer is responsible for paying the cost of these improvements and has posted a passbook savings account with the City in the amount of $7,250 to guarantee the installation of the improvements . The developerhas been billed by the City in the amount of $27,250, the cost of the improvements. Upon receipt of_ payment from the developer, the passbook will be released and the funds paid will be deposited in the Gas Tax fund. A transparency is available for Council viewing. ~qz Y Item No. 8 For Meeting of 1-15-80 Supplemental Page 3 FINANCIAL STATEMENT Net Total Project Cost $1,423,802.86 Less Funding Sources 735,500.00 Net Total Construction Cost $ 688,302.86 City of Chula Vista Share 25% $ 172,075.71 (Construction & Engineering) Less Previous Payment 6-10-77 $ 105,835.25 Balance Due $ 66,240.47 Funds Budgeted in Project GT-52 $ 60,000.00 Main Street-Otay Valley Road Request Appropriation from $ 6,240.47 Unappropriated Balance 2106 Gas Tax Funds STAFF RECOMMENDATION 1. City Council appropriate the sum of $6,240.47 from the unappropriated balance 2106 Gas Tax funds and transfer to project account 250-2501-GT52, Main Street-Otay Valley Road widening. 2. City Council authorize expenditure of $66,240.47 from project GT-52, Main Street-•Otay Valley Road. 2 ~` ~~ Form No. F-229 12/73 CERTIFICATE OF CITY/DIRECTOR OF FINANCE 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 S 6,240.47 Fund Gas Tax 2106 Purpose Main Street Otay Valley Road Widening Project Bidder N/A 250 2501 GT 52 ~ ~~ ,~ .._, J Director of Finance The City of Chula Vista Date 1/7/80 By Certification of Unencumbered Balance I HEREBY CERTIFY that the indebtedness and obligation to be incurred by the contract or agreement authorized 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 anticipated to come into the Treasury, to the credit of said appropriation are otherwise unencumbered. Amount Not to Exceed $66,240.47 250 2501 GT 52 Date 1/7/80 Fund Gas Tax Director of Finance The City of Chula Vista By Dept./Activity Gas Tax Purpose Main Street Otay Valley Road Widening Project Bidder N/A Certificate No. 52 ~ir'. ~ P~:::. I i I ~. i 1 \ 3~~ ~ W Z ~ I ~. ~\•• L j O ~ 14 \~ ` ~ 1 /~. a '' ~ _.1 I j~ ` ~ J~``~ = 1 ~ I '._~ 5~8 ~d~ "-' I ~ ~ '2? a ~: ' -~ j ' ~ X I ~ ~- ~ i i ir'j ~~ ~ ~ U Q i ~ I i v L~ .:• c~o o N ~~~ , pig Ff9SL •~ .__ ~ O ~ I . ~ rOJ4S C O i u a s ^_' ' ~~. ~11 N FFBSH i n 'yam • • • J <' i ; ~ O ~ ao ~ it S/J eaiws- ` j Z ~ J • ~ ~~ u .J YI l J ~ ~ Q M': ~~-.o. ~~-. f. LL O ,,/A~ V / ---z W ~ :1~ F ~ J I- O :~ •.~ ::••. 15 1 sJSt. i : => o i ~ a $gel SH r r Cf0 F_ ~ N ~_ .~o j_^ ., IAN t Fu ~`-- ~, L _ozi ,•~ ~~tr :a +~ LSO9 aru I ~~ i is a31n3~ i } ; : , O f: ~: 1 t:~~: , 1 1:.~: ~ 3TV ,:Gaut ~ ( 1'•i~------~- --'~' ~ ~ 1'%'? • I• ~~ d a Z: 'i '~"---'--- J r s I ! 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