HomeMy Public PortalAbout91-054 (04-16-91)r
RESOLUTION NO. 91-54
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LYNWOOD AUTHORIZING THE FUNDING REVISIONS TO THE
CEDAR AVENUE RECONSTRUCTION PROJECT AND THE USE
OF THE REMAINING FUNDS OF THE ATLANTIC AVENUE
' RECONSTRUCTION PROJECT FOR THE CONSTRUCTION OF
LANDSCAPED MEDIAN ISLANDS ALONG ATLANTIC AVENUE.
WHEREAS, the Cedar Avenue Reconstruction Project, 5 -5130,
was originally funded by Section 108 Loan; and
WHEREAS, on March 5, 1991, City Council authorized the
exchange of $100,000 of Section 108 Loan funds for the ICLFA funds;
and
WHEREAS, additional Section 108 Loan funds have been
identified; and
WHEREAS, reversing this project $100,000 of ICLFA funds
to Section 108 Loan funds will allow the project to proceed
immediately; and
WHEREAS, the Atlantic Avenue Reconstruction Project
5 -5103, is nearly completed and projected to cost $938,000, and
$135,000 will remain available for other projects; and
WHEREAS, it is the desire of the City Council to continue
constructing landscaped median islands along Atlantic Avenue
' NOW, THEREFORE, the City Council of the City of Lynwood
does hereby find, proclaims, order and resolve as follows:
Section 1: That the City Council authorize the City Manager
or his designee to make the following transfer and appropriation:
Previous Funding Proposed Funding
Cedar Avenue Reconstruction Cedar Avenue Reconstruction
Project 5 -5130 Project 5 -5130
ICLFA Funds $100,000 Section 108 Loan $107,000
Section 8 Loan $ 7,000
Total $107,000 Total
$107,000
Atlantic Ave. Reconstruction Atlantic Ave. Reconstruction
Project 5 -5103, Phase II Project 5 -5103, Phase II
$1,073,000 $938,000
Landscaped Median Island Landscaped Median Island
Construction Project Construction Project
Atlantic Avenue Atlantic Avenue
Project 5 -5134 Project 5 -5134
$ $135,000
Section 2: This resolution shall go into effect
immediately upon its adoption.
PASSED, APPROVED and ADOPTED this 16th day of
1 , 1991.
ATTEST:
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ANDREA L. HOOPER, City Clerk
ROBERT HENNING, J KAYOR
City of Lynwood
APPROVED AS TO CONTENT:
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EMILIO M. MURGs
Director of Public Works
ALFRETTA EARNEST
Director of Finance
J
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APPROVED AS TO FORM:
STATE OF CALIFORNIA )
ss.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood,
' do hereby certify that the above and foregoing resolution was
duly adopted by the City Council of said City at a regular
meeting thereof held in the City Hall of said City on the 16th
day of April 1991, and passed by the following
vote:
AYES: COUNCILMEMBERS HEINE, REA, RICHARDS, WELLS, HENNING
NOES: NONE
ABSENT: NONE
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City Clerk, City of Ly wood
STATE OF CALIFORNIA )
) ss.
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood,
and Clerk of the City Council of said City, do hereby certify
that the above and forgoing is a full, true and correct copy of
Resolution No. 91 -54 on file in my office and that said
resolution was adopted on the date and by the vote therein
stated.
Dated this 18th day of April 1991.
�O�Gt� i O,t
City Clerk, City of Lynw od
C23 -030