Title:
Title
Plans and Specifications, Contract Award, Funding Agreement, and Budgetary Adjustments for the New Market Drive Extension Project (L19140410) [Published for 10-Day Review 05/30/2019]
End
FileID
File ID: 2019-00633
Location
Location: New Market Drive between Town Center Drive and Via Ingoglia, District 1
Recommendation:
Recommendation
Adopt a Resolution: 1) approving the Plans and Specifications for the New Market Drive Extension Project; 2) authorizing the City Manager or the City Manager's designee to enter into a Project Agreement with Los Rios Community College District (LRCCD) for an amount not to exceed $1,007,456; 3) authorizing the City Manager or the City Manager's designee to enter into a Project Agreement with Natomas Unified School District (NUSD) for an amount not to exceed $1,007,456; 4) authorizing the City Manager or the City Manager's designee to: a) increase the revenue and expenditure budgets of the North Natomas Community Center and Aquatic Complex Project (L19140410) by $2,014,912 (CIP Reimbursable Fund, Fund 3702) to reflect the terms of the Project Agreements with LRCCD and NUSD; b) transfer $175,498 from the Tax Zone 1A_56AD Project (J22002600), $72,315 from the Tax Zone 1B_57AD Project (J22002700), and $346,828 from the Tax Zone II_58AD Project (J22002800) (CFD No. 4 Series C Construction Fund, Fund 3324) to available fund balance; c) transfer $751,135 (CFD No. 4 Series C Construction Fund, Fund 3324) from available fund balance to the expenditure budget of the North Natomas Community Center and Aquatic Complex Project (L19140410); d) transfer $276,041 (North Natomas Lands CFD No. 3 Fund, Fund 2230) from available fund balance to the expenditure budget of the North Natomas Community Center and Aquatic Complex Project (L19140410); and e) transfer $1,000,000 (Major Street Construction Fund, Fund 2007) from available fund balance to the expenditure budget of the North Natomas Community Center and Aquatic Complex Project...
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