HomeMy WebLinkAbout2006-02-15 STAFF REPORTS 2N OF PALM S
P�
V n
City Council Staff Report
C'141 FO RN�P
CITY COUNCIL FEBRUARY 15, 2006
CONSENT CALENDAR
Subject: APPROVAL OF A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM SPRINGS, CALIFORNIA, AMENDING THE BUDGET FOR THE
2005/2006 FISCAL YEAR BY TRANSFERRING $150,000 OF
UNOBLIGATED GAS TAX FUNDS TO ACCOUNT NUMBER 133-4298-
50204 FOR THE TRAFFIC SIGNAL FLOW IMPROVEMENT PROJECT
PREVIOUSLY DELETED IN ORDER TO FUND THE MESQUITEAVENUE
PROJECT.
From: City Manager
Initiated by: Director of Public Works/City Engineer
SUMMARY
,Approval of this Resolution will provide for transfer of$150,000 of unallocated Gas Tax
(Funds to account number 133-4298-50204 which will fund this year's Traffic Signal Flow
Improvement Projects.
(RECOMMENDATION:
1) Adopt Resolution No. "A RESOLUTION OF THE CITY OF PALM
SPRINGS, CALIFORNIA,AMENDING THE BUDGET FOR THE 2005/2006 FISCAL
YEAR FOR THE TRAFFIC SIGNAL FLOW IMPROVEMENT PROJECT, CITY
PROJECT NO. 05-07."
2) Authorize the City Manager to execute all necessary documents.
STAFF ANALYSIS:
On January 4, 2006 City Council awarded a construction contract to Yeager Skanska,
Incorporated for the Mesquite Avenue Improvement Project. As a part of that award,
Council adopted a Resolution canceling certain funded capital improvement projects in
order to fund the Mesquite Avenue Improvement Project. One of the cancelled projects
was the Traffic Signal Flow Improvement Projects,which was to change protected left turn
:signals to protected-permissive at various locations within the city, continuing a process
7EM NO. 6 _
i
I
I
I
i
I
I
City Council Staff Report
February 15, 2006 - Page 2
Unallocated Gas Tax Funds Transfer
started in 2003. Subsequent to that action, the Finance Director has reported that the City
has $150,000 in unallocated Gas Tax Funds. This action will utilize these funds to
reinstate the Traffic Signal Flow Improvement Project which will repair and/or modify the
RamonRoad/Paseo Dorotea, Ramon/Crossley, Sunrise Way/Tachevah Drive, Sunrise
Way/Amado Road, East Palm Canyon Drive/Cherokee Way and Farrell Drive/Tahquitz
Canyon Way intersections. -
FISCAL IMPACT: Finance Director Review:
Approval of this resolution will transfer unallocated Gas Tax Funds for use in the previously
Gas Tax Funded Traffic Signal Flow Improvements Project.
DAVID J. BARAKIAN THOMAS J. LS N
Director of Public Works/City Engineer Assistant CityManager-Development Services
DAVID H. READ V J
City Manager
Attachments:
1. Resolution
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF PALM SPRINGS, CALIFORNIA,
AMENDING THE BUDGET FOR THE
2005/2006 FISCAL YEAR FOR THE TRAFFIC
SIGNAL FLOW IMPROVEMENT PROJECT,
CITY PROJECT NO. 05-07.
WHEREAS Resolution 21283 approving the budget for the fiscal year 2005/2006 was
adopted on June 8, 2005; 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 21283 adopting the budget for the 2005/2006 budget year is hereby amended
as follows:
SECTION 1: ADDITIONS
Fund Activity Account Amount
133 4298 50204 $ 150,000
Gas Tax Fund 2106 Fund Improvements Traffic Signal Flow Improvements
Purpose: To provide funds for the Traffic Signal Flow Improvement Project previously
cancelled by Resolution No. 21481.
SECTION 2: SOURCE - Gas Tax Unallocated Funds are available
Fund Activity Account Amount
133 29301 $150,000
Gas Tax Fund Fund Balance
Adopted this 15th day of February, 2006.
David H. Ready, City Manager
I
I
I
i
I
Resolution No.
Page 2
ATTEST:
I B
y
James Thompson, City Clerk
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.
CITY OF PALM SPRINGS )
I, JAMES THOMPSON, City Clerk of the City of Palm Springs, hereby certify Resolution
No. Is a full, true and correct copy, and was duly adopted at a regular meeting
of the City Council of the City of Palm Springs, California on February 15, 2006, by the
following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
James Thompson, City Clerk
City of Palm Springs, California