HomeMy WebLinkAbout071624-06.8
ADMINISTRATIVE STAFF REPORT 6.8
TO: Mayor and Town Council July 16, 2024
SUBJECT: Resolution No. 57-2024, amending funding appropriations for CIP
Projects C-402 - El Pintado Road Paving and Drainage Improvements
and C-610 - Pavement Management
BACKGROUND
The Town Council annually adopts a Capital Improvement Program (CIP) which
identifies current and future capital needs and sources of funding to be appropriated in
order to meet those needs. The CIP includes a number of Transportation projects that
contribute toward maintaining approximately 158 miles of public streets at a Pavement
Condition Index (PCI) of 70 or better. Two such projects include CIP Project C-402 - El
Pintado Road Paving and Drainage Improvements and CIP Project C-610 -
Pavement Management.
CIP Project C-402 included a total project construction cost of $1,428,397.27 which
was funded through CIP General Purpose Revenue funds. CIP Project C-610 is an
ongoing project which is funded through a combination of Gas Tax, Measure J
Return to Source, Solid Waste VIF and CIP General Purpose revenues.
DISCUSSION
Given the nature of CIP Project C-402, the use of Pavement Management funds to
complete the project is appropriate. The attached resolution will transfer $1,400,000
from CIP Project C-610 into Project C-402; and further, will transfer $1,400,000 in CIP
General Purpose revenue from Project C-402 back into CIP Project C-610. The fund
transfers do not affect the total funding available in either project, but provide the Town
with additional flexibility for the use of the General Purpose revenue funds moving
forward.
PUBLIC CONTACT
Posting of the meeting agenda serves as notice to the general public.
FISCAL IMPACT
None.
Amending funding appropriations 2 July 16, 2024
For CIP C-402 and CIP C-610
RECOMMENDATION
Adopt Resolution No. 57-2024 amending funding appropriations for CIP Projects C-
402 - El Pintado Road Paving and Drainage Improvements and C-610 - Pavement
Management.
Prepared by:
Joseph Calabrigo
Town Manager
Attachment: Resolution No. 57-2024
RESOLUTION NO. 57-2024
AMENDING FUNDING APPROPRIATIONS FOR CIP PROJECTS
C-402 - EL PINTADO ROAD PAVING AND DRAINAGE IMPROVEMENTS
AND C-610 - PAVEMENT MANAGEMENT
WHEREAS,the Town of Danville annually adopts a Capital Improvement Program
(CIP) which identifies current and future capital needs and sources of funding to be
appropriated in order to meet those needs; and
WHEREAS, the CIP includes a number of Transportation projects that contribute toward
maintaining approximately 158 miles of public streets at a Pavement Condition Index
(PCI) of 70 or better; and
WHEREAS, two such projects include CIP Project C-402 - El Pintado Road Paving
and Drainage Improvements and CIP Project C-610 - Pavement Management; and
WHEREAS,CIP Project C-402 included a total construction cost of $1,428,397.27
which was funded through CIP General Purpose Revenue funds; and
WHEREAS, given the nature of CIP Project C-402, the use of Pavement Management
funds to complete the project is appropriate; now, therefore be it
RESOLVED that the Danville Town Council hereby:
transfers $1,400,000 in Pavement Management funds from CIP Project C-610
into Project C-402; and
transfers $1,400,000 in CIP General Purpose funds from Project C-402 into CIP
Project C-610.
APPROVED by the Danville Town Council at a regular meeting on July 16, 2024, by the
following vote:
AYES:
NOES:
ABSTAINED:
ABSENT:
______________________________
MAYOR
APPROVED AS TO FORM: ATTEST:
_______________________________ ______________________________
CITY ATTORNEY CITY CLERK