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Resolution 16110 CITY OF ALAMEDA RESOLUTION NO. 16110 AMEND THE FISCAL YEAR 2023-24 CAPITAL BUDGET BY DEFUNDING REVENUE AND APPROPRIATIONS IN CAPITAL IMPROVEMENT PROGRAM C11000 BY $175,000, DEFUNDING REVENUE AND APPROPRIATIONS IN CAPITAL IMPROVEMENT PROGRAM C61000 BY $325,000, AND INCREASING REVENUE AND APPROPRIATIONS FOR CAPITAL IMPROVEMENT PROGRAM C65200 BY $500,000 WHEREAS, on June 20, 2023, the City Council of the City of Alameda approved Resolution 16060 adopting the Fiscal Years (FY) 2023-24 Operating and Capital Budget; and WHEREAS, approximately $5.2 million is currently budgeted in the Pavement Management Project Capital improvement Project (CIP) C11000 of which $175,000 is available for reappropriation; and WHEREAS, approximately $573,400 is currently budgeted in the Street Safety CIP C61000 of which $325,000 is available for reappropriation; and WHEREAS, to construct the Clement Avenue Safety Improvements Project between Grand Street and Broadway in calendar years 2023 and 2024, additional funds are needed in the Clement Ave OAT - Grand to Broadway CIP C65200; and WHEREAS, Resolutions 15849 (Making Significant Safety Improvements to Alameda Streets in 2022 and Beyond to End Fatalities and Serious Injuries) identified the Clement Avenue Safety Improvements, between Grand Street and Broadway, as a priority project to improve street safety in the City of Alameda; and WHEREAS, staff proposes to reallocate $175,000 from CIP C11000, Pavement Management to CIP C65200; and WHEREAS, staff proposes to reallocate $325,000 from CIP C13000, Traffic Signals and Systems to CIP C65200; and WHEREAS, total proposed changes are summarized in the following table Fund/Project Amount C11000 Pavement Management Reduce Contractual Services Expense and Reallocate $175,000 CIP C61000 Street Safety Reduce Contractual Services Expense and Reallocate $325,000 CIP 65200 Clement Ave CAT— Grand to Broadway Increase Contractual Services Expense Total $500,000 THEREFORE, BE IT RESOLVED that the City Council of the City of Alameda hereby amends the FY 2023-24 Operating and Capital Budget by reappropriating $175,000 from CIP C11000 and $325,000 from CIP C61000 to CIP C65200, fora total revenue and expenditure increase not to exceed $500,000. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 7th day of November 2023, by the following vote to wit: AYES: Councilmembers Daysog, Herrera Spencer, Jensen, Vella and Mayor Ezzy Ashcraft— 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 8th day of November, 2023. ey i , Ac mg City Clerk City of Ala eda Approved as to form: Yibin Shen, City Attorney City of Alameda