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HomeMy Public PortalAbout2023.134 (11-07-2023)RESOLUTION NO. 2023.134 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING AN APPROPRIATION OF $290,000 FROM 2017 LEASE REVENUE BONDS (FUND 9053) TO THE PROJECT FOR HSIP CYCLE 9 - TRAFFIC SIGNAL IMPROVEMENTS AT THE INTERSECTION OF ATLANTIC AVE AND CARLIN AVE. FY 2022-2023 PROJECT NO. 4011.68.075 FEDERAL ID: HSIP-5250 (029) WHEREAS, the HSIP Cycle 9 (Atlantic and Carlin Avenue) will improve the traffic signal at the intersection of Atlantic Avenue and Carlin Avenue, and WHEREAS, the Project consists of the installation of a protected left turn phase including installation of conduits, pull boxes, signal heads, sensor units, signal controller, pedestrian countdown heads, intersection lighting, pedestrian push buttons, traffic signal poles, traffic striping, signing, markings, and traffic control; hauling and disposal; construction of curb ramps; and WHEREAS, the bid opening took place on the PlanetBids Platform on September 13, 2022, at 10:00 A.M. (Pacific Time); and WHEREAS, On October 4th, 2023, the contractor PTM General Engineering entered into an agreement with the City of Lynwood for the construction of the traffic signal improvement project in the amount of $474,047; and WHEREAS, the project is near completion and will be accepted at a future date. WHEREAS, the project budget was carried forward into Fiscal Year 2023-2024 in the amount $210,000; and WHEREAS, the carried forward project budget is not sufficient to cover the remaining cost of the construction contract as well as other services provided for this project; and WHEREAS, staff is requesting approval for additional funding from the City Council in the amount of $290,000 from 2017 Lease Revenue Bonds in order to complete the project. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS: Section 1. The City Council of the City of Lynwood hereby finds and declares that the foregoing recitals are true and correct and incorporates said recitals fully into this resolution as substantive findings. 1 Section 2. The City Council of the City of Lynwood authorizes the City Manager to approve the transfer funds for the following appropriation: APPROPRIATION FUND DEPT I DIV OBJECT DESCRIPTION AMOUNT Budgetary Transfer Out 9053 2017Lease Revenue Bonds ($290,000) Budgetary Transfer n 4011 68 075 HSIP Cycle 9 — Traffic Signal Improvement Project at the Intersection of Atlantic Avenue and Carlin Avenue $290,000 Section 3. The project budget increased from $210,000 to $500,000. Section 4. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood. Section 5. This Resolution shall take effect immediately upon its adoption. Section 6. The City Clerk shall certify to the adoption of this Resolution and hereaftE the same shall be in full force and effect. PASSED, APPROVED and ADOPTED this 07th day of November 2023. ATTEST: M.ria Quinonez City Clerk Oscar Flores Mayor 2 APPROVED AS TO FORM: APPROVED AS TO CONTENT: Noel Tapia City Attorney rnie H - rnan. ez CityM:n.•-r Julian Leot,,' Director'of Public Works 3 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 meeting held on the 07th day of November 2023. AYES: COUNCIL MEMBERS CAMACHO, MUNOZ-GUEVARA, SOLACHE, MAYOR PRO TEM SOTO AND MAYOR FLORES NOES: NONE ABSENT: NONE ABSTAIN: NONE 411 aria Quinonez, City Clerk STATE OF CALIFORNIA ) )§ COUNTY OF LOS ANGELES Date: 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. 2023.134 on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 07th day of November 2023. Date: uinonez, City Clerk