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HomeMy WebLinkAboutResolutions - No. 2017-152RESOLUTION NO. 2017-152 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING 2017 PAVEMENT RESURFACING PROJECT FOR ROAD REPAIR AND ACCOUNTABILITY ACT OF 2017 FUNDING AND FURTHER APPROPRIATING FUNDS WHEREAS, the Road Repair and Accountability Act of 2017, Senate Bill 1 (SB1) will provide the City with State transportation funding through an increase in the Gas Tax; and WHEREAS, the new tax commences on November 1, 2017, and the City will begin receiving monthly apportionments in January 2018; and WHEREAS, SBI guidelines require that prior to receiving an apportionment of funds, the City must submit to the California Transportation Commission the projects proposed to be funded each year; and WHEREAS, the City is proposing to use the Fiscal Year 2017118 apportionment on the 2017 Pavement Resurfacing Project; and WHEREAS, staff recommends that the City Council approve the 2017 Pavement Resurfacing Project for Road Repair and Accountability Act of 2017 funding; and WHEREAS, staff also recommends that the City Council appropriate funds in the amount of $350,000 from the fund balance of Road Repair and Accountability Act (30499000.77020), in the amount of $1,097,182 from the fund balance of Surface Transportation Program Block Grant (30799000.77020), and in the amount of $88,000 from the fund balance of Street Fund (30099000.77020) for Fiscal Year 2017!18. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve the 2017 Pavement Resurfacing Project for Road Repair and Accountability Act of 2017 funding; and BE IT FURTHER RESOLVED that Lodi City Council does hereby authorize an appropriation for 2017 Pavement Resurfacing Project for Road Repair and Accountability Act of 2017, in the amount of $1,535,182, as set forth above. Dated: August 16, 2017 I hereby certify that Resolution No. 2017-152 was passed and adopted by the City Council of the City of Lodi in a regular meeting held August 16, 2017 by the fallowing vote: AYES: COUNCIL MEMBERS — Chandler, Johnson, Mounce, Nakanishi, and Mayor Kuehne NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None �ANIFER �';L LULUWERRAIOLO ty Clerk 2017-152