Title
LAS PALMAS AREA STREET REHABILITATION PROJECT FUNDING ADJUSTMENT
Recommendation
Proposed Motion:
1. Approve the following budget transfers and appropriations to obligate $1,117,905 American Rescue Plan Act (ARPA) funding in CIP Project 44069 Las Palmas Area Street Rehabilitation Project and shift Measure M2 Local Fair Share Funds to CIP Project 44589 Annual Residential Street Programs for future street rehabilitation projects:
• transfer and appropriate $486,144 ARPA Funds (Fund 74) from CIP Project 44589 Annual Residential Street Program to CIP Project 44069 Las Palmas Area Street Rehabilitation Project (Fund 74)
• transfer and appropriate $439,279 ARPA Funds (Fund 74) from CIP Project 44070 Costa Court Area Rehabilitation Project to CIP Project 44069 Las Palmas Area Street Rehabilitation Project (Fund 74)
• transfer and appropriate $192,482 ARPA Funds (Fund 74) from CIP Project 44055 Valencia Mesa Drive Rehabilitation Project to CIP Project 44069 Las Palmas Area Street Rehabilitation Project (Fund 74)
• transfer and appropriate $1,117,905 Measure M2 Funds (Fund 74) from CIP Project 44069 Las Palmas Area Street Rehabilitation Project (Fund 74) to CIP Project 44589 Annual Residential Street Program.
2. Authorize Administrative Services Director, or designee, to revise purchase orders and/or perform purchase order changes for contracts awarded to Las Palmas Area Street Rehabilitation Project.