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HomeMy Public PortalAbout2018.210 (11-20-18) RESOLUTION NO. 2018.210 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE ADDITIONAL APPROPRIATION OF $421,291 FOR THE TRAFFIC SIGNAL IMPROVEMENT NEEDED FOR THE NORTHGATE PROJECT WHEREAS, the Northgate Development that is to take place along Long Beach Boulevard; and WHEREAS, during the negotiations with the Northgate Project team, all parties agreed to the installation of a left turn pocket and full traffic signal Improvements at Long Beach Boulevard and Louise Avenue resulting from the Northgate traffic impact; and WHEREAS, additional funding is also needed to cover the cost for the installation. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS: Section 1. That the City Council approves the following additional appropriation for the installation of the Traffic Signal at Long Beach Boulevard and Louise Street. Fund Dept Div Object Description Amount Budgetary Transfer Out 9053 2017 Lease Revenue Bonds (Unappropriated Fund) $421.291 To be later Reimbursed by Northgate Development Budget Balance $421,291 Budgetary Transfer In 4011 68 038 Object#s Traffic Signal at Long $421,291 to be Beach Boulevard and determined Louise Street later Section 2. This resolution shall take effect immediately upon its adoption. Section 3. The City Clerk shall certify as to the adoption of this City Council Resolution. PASSED, APPROVED and ADOPTED this 20th day of November, 2018. Jo Luis Solache, Mayor ATTEST: Vria(i ; Quinonez, City Clerk Jose Om ay Manager APPROVED AS TO FORM: APPROVED AS TO CONTENT: Mak- lj �- .7 rancisco Leal ity Attorney Salvador Mendez, lirect•r of Public Works 2 STATE OF CALIFORNIA ) § COUNTY OF LOS ANGELES ) I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 20th day of November 2018, and passed by the following votes: AYES: COUNCIL MEMBER CASTRO, COUNCIL MEMBER HERNANDEZ, COUNCIL MEMBER ALATORRE, MAYOR PRO TEM SANTILLAN BEAS, AND MAYOR SOLACHE NOES: NONE ABSENT: NONE ABSTAIN: NONE LI Al • A Maria Quinonez, C.'y Clerk . STATE OF CALIFORNIA ) ) § COUNTY OF LOS ANGELES ) I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No. 2018.210 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 20th day of November 2018. 110, Maria Quinonez, City Clerk