Title
Staff Report for a Resolution Appropriating Grant Funds and Returning General Funds to Fund Balance for the Siempre Verde Park Reconstruction Project, Project No. 2015.0270
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends that newly received grant funds should be appropriated for the Siempre Verde Park Rehabilitation Project, Project 2015.0270 and that a portion of the previously appropriated General Funds for the project should be returned to fund balance.
BACKGROUND
Construction at Siempre Verde Park is currently underway. A contract was awarded to Robert A. Bothman Construction on September 8, 2015 for construction of improvements per plans and specifications prepared by Harris Design. Said plans are generally in conformance with a park master plan prepared by the same firm in 2010. Bids for the project were favorable and all bid alternatives items are included in the construction contract.
The Siempre Verde Park Rehabilitation Project is presently funded by a 2014 grant from the State of California Department of Housing and Community Development (HCD) and allocations from the City's General Fund and Park Development Fund. The City received a second grant from HCD (2015 HCD grant) in the amount of $381,200 for this project.
Analysis
The 2015 HCD grant is specifically designated for use at Siempre Verde Park. Appropriation of the recently received grant funds for this project will reduce the need for general funds by an equivalent amount.
Current Agency Policies
2015-17 City Council Goal: Maintain and enhance the City's infrastructure.
Previous Actions
* On March 2, 2015, by Resolution No. 2015-058, the City Council allocated funding and approved a consulting services agreement with Harris Design for preparation of construction documents for the project.
* On July, 20, 2015, by Resolution No. 2015-136, the City Council approved a consulting services agreement with Harris Design for construction support s...
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