HomeMy WebLinkAbout022-08 RESOLUTION NO. 22-2008 REALLOCATING FUNDS FROM 2002 STATE BOND ACT GRANTS IN CAPITAL IMPROVEMENT PROGRAM PROJECT B-451, HAP MAGEE PARKING AND STAGING AREA WHEREAS, the Town entered into contracts with the State of California governing the use of grant funding for public parks through 2002 State Bond Act (Proposition 40); and WHEREAS, funding from these grants is shown in the adopted 2007/08 through 2011/12 Capital Improvement Program as applied to Project B-428 "Vista Grande SchooljPark Play field Renovation"; and WHEREAS, after evaluating the requirements for use of the grant funding according to the contracts, the Town must revise the Capital Improvement Program to instead utilize the "Per Capita" portion of funding for Project B-451 "Hap Magee Parking and Staging Area"; and WHEREAS, the East Bay Regional Park District (EBRPD) previously assigned its "Per Capita" allocation to the Town according to Resolution No. 35-2006; now, therefore, be it RESOLVED, by the Danville Town Council that the Town Manager be and hereby is authorized to revise Page 89 of the adopted Capital Improvement Program to reflect the reallocation of Per Capita grant funding from Project B-428 to Project B-451, as follows: Appropriate $270,000 in Per Capita Grant (2002) (2002 State Bond Act) for Fiscal Year 2007/08; and Remove EBRPD as a funding source and assign their $50,000 allocation to the Town's $220,000 Per Capita allocation according to Resolution No.. 35-2006 for a total Town allocation of $270,000; and Un-appropriate $220,000 in Park Dedication Impact leaving $155,000 in Prior Years; and Leave the funding from R-7 A unchanged. APPROVED by the Danville Town Council at a regular meeting on March--:18,2008, by the following vote: AYES: NOES: ABSTAINED: ABSENT: Andersen, Arnerich, Doyle, Shimansky, Stepper None ~a~ AYOR None None AP7[Z?13/~} CITY ATTORNEY ATTEST: PAGE 2 OF RESOLUTION NO. 22-2008