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HomeMy WebLinkAboutReso 92-422 - Approve & Authorize the mayor to sign program splemnt No 004 to state-local trnsort prtnrshp program Agrmnt No. SLTPP-5068, Proj# SB92-5068(020) by & between COR & State of Calif, Dept of Transport to construct traffic signal @ Victor/Mislt RESOLUTION NO. rt,2- Z� A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE MAYOR TO SIGN PROGRAM SUPPLEMENT NO. 005 TO STATE-LOCAL TRANSPORTATION PARTNERSHIP PROGRAM AGREEMENT NO. SLTPP-5068, PROJECT NO. SB92-5068(020) , BY AND BETWEEN THE CITY OF REDDING AND THE STATE OF CALIFORNIA, DEPARTMENT OF TRANSPORTATION, TO CONSTRUCT A TRAFFIC SIGNAL AT THE INTERSECTION OF VICTOR AVENUE AND MISTLETOE LANE. IT IS HEREBY RESOLVED that the City Council of the City of Redding hereby approves the above-described Program Supplement No. 005 between the City of Redding and the State of California, acting by and through its Department of Transportation, a true copy of which is attached hereto and incorporated herein by reference. BE IT FURTHER RESOLVED that the Mayor of the City of Redding is hereby authorized and directed to sign said Supplement on behalf of the City of Redding; and the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of Redding thereto. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 6th day of October , 1992, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Arness, Kehoe & Moss NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS: None CHARLIE MOSS, Mayo City of Redding A T: FORM PROVED: N CONNIE STROHMAYER, RAY Clerk ALL A. HAYS, 6ity Attorney N L ' N N i r . Dao: July 14 , 1992 PROGRAM SUPPLEMENT NO. 005 Location: 027SHA-0-RDG to Project Number: SB92-5068 (020) STATE-LOCAL TRANSPORTATION E.A. Number: 02-451524 PARTNERSHIP PROGRAM AGREEMENT NO. SLTPP-5068 This Program Supplement is hereby incorporated into the State-Local Trans- portation Partnership Program Agreement for State Share Funds which was entered into between the Local Entity and the State on 01/02/91 and is subject to all the terms and conditions thereof. This Program Supplement is adopted in accordance with Paragraph 3 of Article I of the aforemen- tioned Master Agreement under authority of Resolution No. , approved by the Local Entity on (See copy attached) . The Local Entity further stipulates that as a condition to payment of funds obligated to this project, it accepts and will comply with any covenants or remarks setforth on the following pages. PROJECT TERMINI: VICTOR AVE AT MISTLETOE LN. TYPE OF WORK: CONSTRUCT TRAFFIC SIGNAL LENGTH: 0. 0 (MILES) PROJECT CLASSIFICATION OR PHASE(S) OF WORK [X] Construction/Construction Engineering/Contingencies Estimated Cost) State Share Funds Matching Funds FY92 $ 33 , 979 Local OTHEROTHER $ 113 , 189 FY93 $ 0 $ 79, 210 $ 0 $ 0 FY94 $ 0 CITY OF REDDING STATE OF CALIFORNIA Department of Transportation By By LOCAL STREETS AND ROADS ENGINEER Date Date Attest Title I hereby Certify upon my personal k knnow �le �dg le �,t�hat budgeted funds are available for this encumbrance: Accounting OfficeV , V � " 1 �'! Date / Z $ 33979 . 00 Chapter Statutes i Item Year Program IBC) Fund Source I AMOUNT 118 1991 2660-101-042 91-92 20.25.010.100 C 258010 042-T 33979.00 02-SHA-0-RDG DATE: 07/14/92 SB92-5068 (020) PAGE: 2 SPECIAL COVENANTS OR REMARKS 1. It is mutually understood between the parties that this contract may have been written before ascertaining the availability of legislative appropriation of funds, for the mutual benefit of both parties, in order to avoid program and fiscal delays that would occur if the agreement were executed after that determination was made. The total amount of State-Local Transportation Partnership funds payable by the State shall not exceed $33979 to be encumbered and reimbursed as follows: FY 91-92 $ 33979 FY 92-93 0 FY 93-94 0 Any increase in State Partnership funds will require a revised program supplement. Any decrease in State Partnership funds will require a revised finance letter. 2 . The State Funds Share is calculated based on the lower of the approved eligible application amount or the eligible award amount. 3 . The Reimbursement Ratio for this Cycle 2 (91/92) project is 30. 02%. 4 . State share funds are based on the eligible portion of the contract low bid plus 10 percent.