HomeMy Public PortalAbout2006.004RESOLUTION NO. 2006.004
A RESOLUTION OF THE LYNWOOD PUBLIC FINDANCE AUTHORITY OF THE
CITY OF LYNWOOD APPROVING THE REAPPROPRIATION AND
ALLOCATION OF THE 1995 WATER BOND FUNDS TO THE LONG BEACH
BLVD. WATER MAIN IMPROVEMENT PROJECT AND THE ABBOTT RD.
WATER MAIN IMPROVEMENT PROJECT AND AUTHORIZING THE CHIEF
ADMINISTRATIVE OFFICER OR DESIGNEE TO MAKE THE NECESSARY
FUND APPROPRIATION AND TRANSFER
WHEREAS, iow wafer pressure is a concern in the n~ost northerly portion
of the City; and
WHEREAS, the Long Beach Water Main Improvement Project and the
Abbott Rd. Water Main Improvement Project will address these low water
pressure concerns and are high priority projects; and
WHEREAS, the projects need additional funding for construction; and
WHEREAS, the 1995 Water Bond Funds are available for the construction
of these projects.
NOW, THEREFORE, the Lynwood Public Finance Authority of the City of
Lynwood does hereby find, proclaim, order and resolve as follows:
Section 1. That theLynwood Public Finance approves the reappropriation
and transfer of $1,059,000 of 1995 Water Bond Funds from the projects listed
below to the construction of the Long Beach Water Main Improvement Project
(MLK Blvd. to Tweedy Ave.) and the Abbott Rd. Water Main Improvement Project
(P:IcNerney Ave. ±o L eng Beach Blvd.).
• Water Well Construction
• Water Well Design
• Computerized Water Billing System
• Emergency Generator
Section 2. That the Chief Administrative Officer or designee is authorized
to make the following fund appropriation and transfer for the Water Main
Replacement Project as follows:
FROM
TO
1995 Water Bond Fund Water Main Replacement Project,
Project No. 05-5300
$1,059,000 $1,059,000
Section 3. This resolution shall take effect immediately upon its adoption.
PASSED, APPROVED and ADOPTED this 7th day of March, 2006.
~~~~
L-e is Vasquez , Presiden~
Lynwood Public Finance
Authority
ATTEST:
Andrea L. Hooper, Secretary
Lynwood Public Finance Authority
APPRC`JED AS TC FORh~:
1 ~~" ~-
rity Counsel
god Public Finance Authority
nr u artinez
Chief Administrative Officer
APPROVED P.S TO CONTENT:
Paul Nguyen
Interim Director of Public Works
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
the City of Lynwood at a regular meeting held in the City Hall of said City on the
7th day of March , 2006 and passed by
the following vote:
AYES: COUNCILMEN BYRD, JOHNSON, PEDROZA, SANTILLAN AND VASQUEZ
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Andrea L. Hooper, City Clerk
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 foregoing is a full, true
and correct copy of Resolution No. ~nnfi_nn4 in my office and that said
Resolution was adopted on the date and by the vote therein stated.
Dated this 7th
day of March
2006.
Andrea L. Hooper, City Clerk