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HomeMy WebLinkAbout018-2022DocuSign Envelope ID: 4667AD74-7B34-485C-8E9F-78714DC13E9B RESOLUTION NO. 18-2022 APPROVING MID -YEAR ADJUSTMENTS TO THE FISCAL YEAR 2021/22 CAPITAL IMPROVEMENT PROGRAM WHEREAS, Government Code Sections 65302 et seq. require that the Town of Danville must take into consideration future capital facilities when planning for the development of the community; and WHEREAS, the Town Council adopted Resolution 30-2021 approving the 2021/22 through 2025/26 capital improvement program and appropriating funding for 2021/22 projects on June 15, 2021; and WHEREAS, the Town has completed a mid -year review of all 2020/21 projects; and hereby recommends the following mid -year adjustment to the adopted 2021/22 Capital Improvement Program: • Appropriate $1,432,000 from the transfer of $987,000 in Measure J Major Streets Funds from CIP Project C-578 (San Ramon Valley Boulevard Slurry Seal and Striping (South), and $445,000 in Measure J Major Streets Funds from CIP Project C-600 (San Ramon Valley Boulevard Improvements (North) to increase funding to CIP Project C-055 - Diablo Road Trail; • Close out CIP Project C-578 - San Ramon Valley Boulevard Slurry Seal and Striping (South) and combined with CIP Project C-600 - San Ramon Valley Boulevard Improvements (North); • Appropriate a total of $1,200,000 from Measure J Major Streets Funds for $475,000, and $725,000 from federal grant (OBAG Quick Strike) funds, to increase funding to CIP Project C-600 - San Ramon Valley Boulevard Improvements (North); • Revise the appropriation amount from Resolution No 64-2021 to show correct designated amount to replace HVAC units to project B-626 - Town Office Relocation from $500,000 to $375,000; • Change funding source of the appropriated $25,000 in CIP 2021-22 from Measure J- CC -TLC (2017) to Measure J Sub Trans 28c for project C-609 - Town -wide Bicycle Master Plan; and WHEREAS, sufficient funding is available in the Town's funds; now, therefore, be it RESOLVED, that the Danville Town Council hereby approves the mid -year adjustments to the 2021/22 Capital Improvement Program. DocuSign Envelope ID: 4667AD74-7B34-485C-8E9F-78714DC13E9B APPROVED, by the Danville Town Council at a regular meeting held on March 1, 2022, by the following vote: AYES: Arnerich, Fong, Morgan, Stepper, Storer NOES: None ABSTAINED: None ABSENT: None , ---DocuSigned by: D MAYOR a-7095EBBD2D04475. APPROVED AS TO FORM: ATTEST: EDocuSigned by: L 14441 E. 644/4‘g 895C6C4OADBF4BF... EDocuSi 71735A3F04C942F... CITY ATTORNEY CITY CLERK PAGE 2 OF RESOLUTION NO. 18-2022