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Resolution 15611CITY OF ALAMEDA RESOLUTION NO. 15611 AMENDING THE FISCAL YEAR 2018-19 CAPITAL PROJECTS FUND BUDGET TO CONSOLIDATE ALL SB-1 ROAD MAINTENANCE AND REHABILITATION ACCOUNT (AMRA) FUNDING BUDGET COMMITMENTS TO THE PAVEMENT MANAGEMENT PROJECT (91810) AND SWAP AN EQUIVALENT AMOUNT OF MEASURE B LOCAL STREETS AND ROADS FUNDING FROM PAVEMENT MAANGEMNET PROJECT (91810) TO THE SIDEWALK MAINTENANCE PROJECT (91601) AND THE TRAFFIC SIGNALS, CALMING AND SYSTEMS PROJECT (91812) WHEREAS, on June 6, 2017, the City Council did adopt Operating and Capital Budget representing the financial plan for conducting the affairs of the City of Alameda for the Fiscal Years period beginning July 1, 2017 and ending June 30, 2019; and WHEREAS, the Road Repair and Accountability Act of 2017, more commonly known as Senate Bill 1 (SB-1) significantly increased gas tax revenues with the aim of repairing California's roadways; and WHEREAS, in the fall of 2017 California Transportation Commission (CTC) clarified the funding expectations and reporting requirements for SB-1 revenue. CTC specified that Road Maintenance and Rehabilitation Account (AMRA) funding was intended to address unfunded road maintenance and that funds could be used for other roadway related uses only after an agency's network Pavement Condition Index (PCI) was 80 or higher. Alameda's current network PCI is 72; and WHEREAS, the staff recommends to swaps funding sources between AMRA and Measures B and BB funding for the Pavement Management project (9181 0), Sidewalk Maintenance project (91601 ), and Traffic Signals and Systems project (91812) without changing the overall budget amount or scope of work. Consolidating the AMRA funding into the Pavement Management project is consistent with the intent of SB-1 and simplifies the City's annual reporting requirements; and WHEREAS, staff is proposing that the Capital Projects Fund Budget be amended as follows: Fund/Account Project No. Amount Capital Improvement Fund (31 0) Transfer In -AMRA 91810 $741,830 Transfer In -Measure B 91810 $(741 ,830) Transfer In -AMRA 91812 $(216,830) Transfer In -Measure B 91812 $216,830 Transfer In -RM RA 91601 $(525,000) Transfer In -Measure B 91601 $525,000 WHEREAS, the City Council has considered the report and recommendations of the City Manager on the budget amendment and has determined that the budget amendment is both fair and appropriate; and WHEREAS, the City Council has given this budget due consideration as to its projected revenues, anticipated expenditures and available fund balances; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that budget amendment for Fiscal Year 2018-19 Budget is approved for the Capital Projects Fund by reallocating funding sources for three projects between Road Maintenance and Rehabilitation Account (AMRA) and Measure B Local Streets and Roads funding sources as follows: Fund/Account Project No. Amount Capital Improvement Fund (31 0) Transfer In-AMRA 91810 $741,830 Transfer In -Measure B 91810 $(741 ,830) Transfer In-AMRA 91812 $(216,830) Transfer In -Measure B 91812 $216,830 Transfer In -AMRA 91601 $(525,000) Transfer In -Measure B 91601 $525,000 ****** 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 19th day of November 2019, by the following vote to wit: AYES: Councilmembers Daysog, Knox White, Oddie, Vella and Mayor Ezzy Ashcraft-5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 20nd of November 2019. APPROVED AS TO FORM: ~ L,-~ Lara Weisiger, ~lerk City of Alameda