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R-049-14 Append $80,000 of local stimulus program funding that was de-obligated in FY 2010-11
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R-049-14 Append $80,000 of local stimulus program funding that was de-obligated in FY 2010-11
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-49-14 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON TO <br />APPEND $80,000 OF LOCAL STIMULUS PROGRAM FUNDING THAT WAS DE - <br />OBLIGATED IN FISCAL YEAR 2010/2011. <br />WHEREAS, the City Council of the City of Colton (City) desires to improve the safety <br />of the streets and traffic circulation within City jurisdiction; and <br />WHEREAS, the City of Colton intends to improve the Burlington Northern Santa Fe <br />(BNSF) railroad crossing at Laurel Street by constructing the Laurel Street Grade Separation <br />Project (PROJECT) ; and <br />WHEREAS, the PROJECT received funding through the San Bernardino Associated <br />Governments (SANBAG), BNSF, Union Pacific Rail Road (UPRR) and the City thus <br />providing an opportunity to complete PROJECT at less cost to the City; and <br />WHEREAS, SANBAG is the Lead Agency for Preliminary Engineering, Right of Way <br />Final Design and Construction Phase of the PROJECT; and <br />WHEREAS, the City of Colton is willing to participate in funding the PROJECT; and <br />WHEREAS, the PROJECT cost estimate is $55,349,000 and the City's estimated share is <br />$5,511,000; and <br />WHEREAS, the City received Measure I Local Stimulus Program Funds from SANBAG <br />in the amount of $732,660.37 that will be used as contribution to the project and the City need <br />to appropriate the remaining $4,778,339.63; and <br />WHEREAS, a budget appropriation for approved activities, not listed in the 2013-2014 <br />Fiscal Year budget is required and must be approved by resolution of the City Council. <br />NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE <br />CITY OF COLTON DOES HEREBY RESOLVE AS FOLLOWS: <br />R-49-14 <br />
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