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CC RES 1985-060RESOLUTION N0. 85 -60 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES ADOPTING FISCAL YEARS 1985 -87 CAPITAL IMPROVEMENT PROGRAM WHEREAS, the City Council of the City of Rancho Palos Verdes desires to adopt the following resolution adopting the Capital Improvement Program including .1984 -85 Carryover projects. NOW; THEREFORE, BE IT RESOLVED, THAT THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES HEREBY ADOPT THE FOLLOWING 1985 -87 CAPITAL IMPROVEMENT . PROGRAM BUDGET INCLUDING 1984 -85 CARRY -OVER PROJECTS* Section 1: A Capital Improvement Program for Fiscal Years 1985 -87 is hereby adopted as contained in Exhibit A attached hereto and incorpor- ated and referenced as part of this resolution. Section 2: Upon adoption of said Capital Improvement Program, City Council shall revise and /or update said Capital Improvement Program in part or in its entirety, depending upon City's fiscal resources, circum- stances and needs. Section 3: City Manager of the City of Rancho Palos Verdes shall be responsible for adminstration and execution of said Capital Improvement Program and shall annually recommend to the City Council by June 30th of each fiscal year a revised Capital Improvement Program and Budget. PASSED, APPROVED AND ADOPTED this 17th day of September, 1985 ATTEST: State of California County of Los Angeles City of Rancho Palos Verdes ss " I I , JO. PURCELL, City Clerk of the Rancho Palos Verdes, hereby certify that the duly and regularly passed and adopted by the meeting thereof held on the 17th day of Sept CITY CLER MAYO ft City Council of the City of above Resolution No. 85- was said City Council at a regular ember, 1985. _f CITY OF RANCHO PALOS VERDES 302CP /RES 1.1 -1- C -2 EXHIBIT "A" 1985 -86 CAPITAL BUDGET RECOMMENDATIONS AMOUNT SOURCE OF (1) P.V. Drive West Bikeway: $ 7,000 Bikeway (2) City Hall Building Acquisition: 8001000 C.I.P. /Revenue Sharing (3) Klondike Canyon Drain: 1901000 General Fund (4 ) Hawthorne Blvd. Und erground ing : 45 7 , 405 Rule 20A Funds' (5 ) P.V .D . West /South Reconstruction: 702, 000 Federal /County grants (6) P.V.D. .South /Hawthorne Blvd. Safety Imp, 360,000 H.E.S. /Gas Tax (7 ) Arterial Sign Upgrading; 204,951 H.E.S./Gas Tax (8) City Hall Entrance: 80,000 Grants /CIP /Traffic Safety (9) Via Lorado Drain: 151000 Gas Tax (10 ) Bus -Stop . Improvements : 135,500 Proposition A (11) Citywide Street Sign Safety Project: 2801000 H.E.S./General Fund (12) P.V.D. South Reconstruction: 368,000 F.A.U. /Trust Funds (13) P.V.D. East Alignment Improvements: 170,000 Grants /Gerneral Fund (14) Ladera Linda Final Payment: 106,200 Coastal -In -Lieu (15) Trails Implementation: 102000 E.E.T. (16) Hawthorne Blvd. /Crest Road Design: 501000 Trust Department TOTAL PROPOSED: $3,936,056 1986 -87 RECOMMENDATIONS (1) Bronco Drive /P.V.D. East Safety Imp: $ 411000 H.E .S . /Prop. A (2) Bus Stop Improvements: 100,000 Proposition A (3) Purchase Three Buses: 120,000 Proposition A (4) Trails Implementation: 10,000 E.E.T. TOTAL: $271,000 302CP /RES1.2 EXHIBIT "A" Resolution No. 85-t 6o C -2