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RANCHO PALOS VERDES CITY COUNCIL <br />AGENDA REPORT <br />AGENDA DESCRIPTION: <br />MEETING DATE: 10/03/2017 <br />AGENDA HEADING: Consent Calendar <br />Consideration and possible action to adopt a resolution authorizing the City's use of <br />Senate Bill 1 (SB 1), the Road Repair and Accountability Act of 2017 (RMRA), funds <br />towards the rehabilitation of Crest Road East. <br />RECOMMENDED COUNCIL ACTION: <br />(1) Adopt Resolution No. 2017- ; modifying the FY 2017-2018 Budget to <br />incorporate the use of Senate Bill 1 (SB -1), the Road Repair and Accountability <br />Act of 2017 (RMRA), funds towards the rehabilitation of Crest Road East. <br />FISCAL IMPACT: None <br />Amount Budgeted: $0 <br />Additional Appropriation: $243,186 <br />Account Number(s): Revenue 332-300-8825-3302 <br />Expenditure 332-400-8825-8805`. <br />ORIGINATED BY: Mike Gibson, Senior Administrative Analyst <br />REVIEWED BY: Terry Rodrigue, Interim Director of Public Works <br />APPROVED BY: Doug Willmore, City Manager :",v__ <br />ATTACHED SUPPORTING DOCUMENTS: <br />A. Resolution No. 2017- (page A-1) <br />B. SB 1 Program Summary (page B-1) <br />BACKGROUND AND DISCUSSION: <br />Senate Bill 1 (SB 1), the Road Repair and Accountability Act (RMRA) of 2017, was <br />signed into law in April 2017. Prior to the passage of SB 1, basic maintenance of the <br />local street and road system, repair and replacement of bridges, safety improvements <br />and multi -modal enhancements were all at risk. SB 1 provides a new, steady stream of <br />funding for transportation projects. SB 1 will generate over $5 billion annually for <br />transportation improvements in California. Cities and counties are estimated to receive <br />$1.5 billion at full implementation of SB 1. This will enable cities and counties <br />throughout the state to address significant maintenance, rehabilitation and safety needs <br />on their local street and road systems. SB 1 includes historic accountability and <br />transparency measures, requiring cities and counties to adopt project lists at the start of <br />every fiscal year and provide year end reporting on projects. <br />1 <br />