HomeMy Public PortalAbout2006-116 (06-20-06)RESOLUTION NO. 2006-116
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING
THE RECONCILIATION OF THE BUDGET FOR THE HAM PARK REPLACEMENT
PROJECT WITH EXPENSES INCURRED TO DATE AT VARIANCE FROM THE PRO
FORMA BUDGET BY CONTINUING TO CHARGE FUND 15 FOR THE HAM PARK
PROJECT COSTS
WHEREAS, the former Ham Park on Wright Road was conveyed to the Lynwood
Unified School District for $35.9 million for the construction of a new High School,
named Marco Firebaugh High School; and
WHEREAS, to preserve open space, the City started the replacement of Ham
Park at a new location along Atlantic Avenue; and
WHEREAS, the budget to complete the Ham Park Replacement project has
increased due to an increase in the number of displaces qualifying for relocation
benefits than originally anticipated; a significant increase in property values which
exceeded the contingency built into the project budget; delay in receiving the funds from
the State Allocation Board, and a substantial increase in construction cost; and
WHEREAS, to reconcile the Ham Park Replacement project budget a transfer of
funds of $4,501,299 is needed to proceed with the Phase I construction of Ham Park:
and
WHEREAS, the City continues to work with our State and Federal lobbyists to
secure funding for Ham Park to minimize the fiscal impact on the City's funds. ~ ,
NOW, THEREFORE the City Council of the City of Lynwood does hereby find,
determine, order and resolve as follows:
r Section 1: That the City authorizes the reconciliation of the budget for the Ham
Park Replacement Project with expenses incurred to date at variance from the pro
forma budget by continuing to charge Fund 15 for the Ham Park project costs.
Section 2: This resolution shall become effective immediately upon its
adoption.
PASSED, APPROVED and ADOPTED this 20`h day of June 2006.
TICIA VASOUEZ, M R
ATTEST:
n ~
ANDREA L. HOOPER N. ENR UE
CITY CLERK CITY ANAGER
APPROVED AS TO FORM:
J. ARNOLDO BELTRAN ORRY PE
ITY ATTORNEY ASSISTANT CITY MANAGER
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
1, 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 JUNE , 2006.
AYES: COUNCILMEMBER,BYRD, JOHNSON, PEDROZA, SANTILLAN, AND VASQUEZ
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
C~~.~c. 9~ ' ~~'> y"am"-'
Andrea L. Hooper, City Clerk -
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, 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. 2006.116 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 JOKE , 2006.
~~ ~~
Andrea L. Hooper, City Clerk
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