Loading...
CC – 2024-70 – To Amend The FY 2024-25 Capital Improvement Program Budget And Appropriate New Funds For the Strathmore Ave and Virigina St Roadway Rehabilitation (Project No. 21851)RESOLUTION NO. 2024-70 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, TO AMEND THE FISCAL YEAR 2024-25 CAPITAL IMPROVEMENT PROGRAM BUDGET AND APPROPRIATE NEW FUNDS FOR THE STRATHMORE AVENUE AND VIRGINIA STREET ROADWAY REHABILITATION (PROJECT NO. 21851) WHEREAS, the City Council adopted the Fiscal Year 2024-25 Operating and Capital Improvement Program budgets on June 27, 2024; and WHEREAS, amendments must periodically be made to the budget to conform to changed circumstances following adoption of the budget; and WHEREAS, the Fiscal Year 2024-25 budget did not include the Strathmore Avenue and Virginia Street Roadway Rehabilitation Project; and - WHEREAS, funding was not allocated for the project in the City's approved 2024-25 Budget thus requiring an amendment to appropriate new funds in the amount of $273,480.00 to cover the cost of the project; and WHEREAS, the new appropriation constitutes an update to the 2024-25 Budget approved pursuant to Resolution No. 2024-30. THE ROSEMEAD CITY COUNCIL HEREBY RESOLVES AS FOLLOWS: SECTION 1: The City Council hereby approves an appropriation in the amount of Two Hundred Seventy -Three Thousand Four Hundred Eighty Dollars ($273,480.00) in Measure M Funds for the Project. SECTION 2: The City Clerk shall certify the adoption of this Resolution. PASSED, APPROVED AND ADOPTED this 10'" day of December, 2024. ATT ST: �yy 7/ m Rachel H. Richman, City Attomey . L 4w Steve Ly, ayor APPROVED AS TO FORM: Ericka Hernandez, City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) § CITY OF ROSEMEAD ) I, Ericka Hernandez, City Clerk of the City Council of the City of Rosemead, California, do hereby certify that the foregoing City Council Resolution No. 2024-70 was duly adopted by the City Council of the City of Rosemead, California, at a regular meeting thereof held on the l Os' day of December, 2024, by the following vote, to wit: AYES: ARMENTA, CLARK, LOW NOES: NONE ABSENT: DANG, LY ABSTAIN: NONE Ericka Hernandez, City Clerk