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Resolution 15718 CITY OF ALAMEDA RESOLUTION NO. 15718 AMEND THE FISCAL YEAR 2020-21 CAPITAL IMPROVEMENT PROGRAM BUDGET BY ALLOCATING $200,000 IN TRANSPORTATION IMPROVEMENT FEE FUNDS TO THE CAPITAL IMPROVEMENT PROJECT FUND 96012 TO CONSTRUCT SIGNAL INSTALLATION AT HARBOR BAY PARKWAY/NORTH AND SOUTH LOOP ROAD AND HARBOR BAY PARKWAY/PENUMBRA PLACE AND SOUTH LOOP ROAD PROJECT WHEREAS, the City of Alameda (City) has awarded a contract to Ray’s Electric to construct two new traffic signals on Harbor Bay Parkway; and WHEREAS, challenges and changes encountered during the construction of the traffic signal necessitate additional work in the amount of approximately $289,890 to complete the project; and WHEREAS, the signal installations on Harbor Bay Parkway are identifi ed as eligible projects in the Transportation Improvement Fee Funds (Fund 350) as fully funded projects and sufficient funding is available to pay for the additional contractual expenses; and WHEREAS, in order to allocate these funds in the Fiscal Year (FY) 2020-21 Budget, City Council action is required. Fund/Account Amount TIFF Fund (350) Transfer Out $200,000 Capital Improvement Program Fund (96012) Contractual Services $200,000 NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that allocation of $200,000 in Transportation Improvement Fee Funds to Capital Improvement Project Fund 96012 for FY 2020-21 are approved. ******* 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 20th day of October 2020, 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 official seal of said City this 21st day of October 2020. Lara Weisiger, City Clerk City of Alameda Approved as to Form: ____________________