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HomeMy WebLinkAbout6/6/2001 - STAFF REPORTS (25) 0 DATE: June 6, 2001 TO: City Council FROM: City Engineer STORM DRAIN LINE 23 BUDGET AMENDMENT RECOMMENDATION: That the City Council approve the attached Resolution amending the 2000/01 Budget to add the Line 23 Storm Drain in El Cielo Road from Tahquitz Canyon Wash to Escoba Drive in the amount of$400,000.00. SUMMARY: This action will formally add this Riverside County Flood Control and Water Conservation District (RCFCD) Project to the 2000/01 budget. This action formally commits Drainage funds to this project, in accordance with the requirement of AB 1600. BACKGROUND: The Line 23 storm drain segment in El Cielo Road from Tahquitz Canyon Wash to Escoba Drive has been on the City's priority list with RCFCD for more than 5 years. However, due to higher storm drain priorities established by the City, RCFCD has not completed design for Line 23. AB 1600 requires development fees collected to be either expended or committed within 5 years of their receipt. Although it is not expected that payment to RCFCD will be required this Fiscal Year or next, formal commitment is required pursuant to AB 1600, otherwise uncommitted funds must be refunded. Funds for this project are available in Drainage Fund, 135, Fund Balance. pg"l DAVID J. BARAKIAN City Engineer APPROVE; '-- City Manager ATTACHMENT: 1. Resolution REVIEWED BY DEPT.OF FINANCE RESOLUTION NO. 20068 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE 2000-01 FISCAL YEAR. WHEREAS Resolution 19817 approving the budget for the fiscal year 2000-01 was adopted on June 21, 2000; and WHEREAS the City Manager has recommended, and the City Council desires to approve, certain amendments to said budget; NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized to record inter-fund cash transfers as required in accordance with this Resolution, and that Resolution 19817, adopting the budget for the 2000-01 fiscal year is hereby amended as follows: SECTION 1. ADDITIONS Fund Activity Account Amount 135 4372 55000 $400,000 Drainage South Zone Storm Drain - Line 23 Purpose: To construct master planned storm drain. SECTION 2. SOURCE Drainage Fund Balance FUND Activity Account Amount 135 29301 $400,000 Drainage Fund Balance Adopted this Fth day of b,,,e 12001. AYES: Members Hodges, Jones, Oden, Reller-Spurgin and Mayor Rleindienst NOES: None ABSENT: None ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City Clerk City Manager REVIEWED AND APPROVED ;W