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HomeMy WebLinkAbout085-97RESOLUTION NO. 85-97 APPROPRIATING FUNDS FOR THE EL CERRO BOULEVARD/LA GONDA WAY TRAFFIC SIGNAL WHEREAS, expansion of St. Isidore's Elementary School, combined with existing traffic, will result in the need for a traffic signal at the El Cerro Blvd./La Gonda Way intersection; and WHEREAS, the Town has planned for signalization of this intersection in the Five Year Capital Improvement Program; and WHEREAS, installation of the traffic signal is necessary to (1) maintain Growth Management Level of Service standards for basic routes and (2) ensure the orderly movement of traffic through the intersection; and WHEREAS, funding for the signal will be shared by existing and future beneficiaries of the traffic signal, in accordance with adopted Town policies; now, therefore, be it RESOLVED, that the Danville Town Council has determined and orders as follows: . (a) (b) (c) (d) A total of $98,792 is appropriated from the following sources to finance the Town's share and prior plus future developer contributions for the traffic signal: $19,758 from the E1 Cerro/La Gonda Way sub-account of the CIP Fund; $32,931 from the Measure C Local Street Maintenance and Improvement Fund sub-account of the CIP Fund; and $46,103 from the RTIP sub-account of the CIP Fund. St. Isidore's received bids for the signal and will be the contracting agency; the low bid plus other costs total $131,723. APPROVED by the Danville Town Council at a Regular Meeting on June 17, 1997, by the following vote: AYES: Doyle, NOES: None ABSTAINED: None ABSENT: None Waldo, Arnerich, Greenberg, Shimansky APPROVED AS TO FORM: CITY ATTORNEY ATTEST: CITY CLERK c:\frombrian\asr\ec+lgsigasr