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CITY OF COLTON <br />AGENDA REPORT <br />For Council Meeting November 17, 1992 <br />TO: HONORABLE MAYOR AND CITY COUNCIL <br />FROM: JOHN C. HUTTON, DIRECTOR OF PUBLIC WORK 01 <br />Date: 11/9/92 <br />SUBJECT: APPROVAL OF PROGRAM SUPPLEMENT No. 005 FOR FEDERAL AID <br />PROJECT, WASHINGTON AT HUNTS LANE AND RECHE CANYON ROAD <br />BACKGROUND <br />The Washington Avenue at Hunts Lane and Reche Canyon Road <br />reconstruction project is being financed by Federal transportation <br />funds through Cal -Trans, to the City of Colton and then the City <br />disburses payments to the contractor as the project progresses. <br />As a means to expedite payment in a timely fashion to the <br />contractor and provide the City with the capability to pass through <br />funds from the state with little or no delays, the attached local <br />agency/State agreement needs Council approval by form of <br />resolution. <br />FINANCIAL IMPACT: <br />The Washington Avenue reconstruction project is being financed by <br />Federal transportation funds in the amount of approximately <br />645,000.00. <br />Although the City of Colton budgeted 140,550.00 towards the project <br />as part of the traffic fee fund capital improvement program for <br />construction engineering and local construction cost the majority <br />of this expense can be recovered through reimbursement by the <br />F.A.U. program. <br />E -TE Yy\, (QI <br />