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HomeMy WebLinkAbout1979-12-18; City Council; 5297-4; Street Improvements on Valley & Basswood. CITY OF CARLSBAD Initial : AGENDA BILL NO. 5297 - Supplement #4 DATE : December 18, 1979 DEPARTMENT: Eng i neer i ng SUBJECT : STREET IMPROVEMENTS ON VALLEY STREET AND BASSWOOD AVENUE - CONTRACT 1057 REFUND TO CARLSBAD UNIFIED SCHOOL DISTRICT STATEMENT OF.THE MATTER The Carlsbad Unified -School District, in June, 2979, deposited $43,572.60 with the City as payment for their proportionate share (48.7%) of the street improvements on Valley Street and Basswood Avenue, Contract No. 1057. The contract is complete, and the final contract costs are as follows: Cost of construction Prel iminary & design Contract managemen t Inspect ion $56,102.12 2,610.21 3,366.13 . 1,122.04 TOTAL COST OF PROJECT $66,200.50 School district's deposit $43,572.60 School district's final share (48.7% of $66,200.50) 32,239.64 REFUND TO CARLSBAD UNIFIED SCHOOL DISTRICT $1 1,332.96 The school district's share was deposited into the project account, number -170-3052. As this is an expenditure account, at the end of the 1978-79 fiscal year, this amount was transferred into unappropriated reserves, account number 1-000-0900. Consequently, in order to reimburse the school district, it is necessary to transfer the funds back from unappropriated reserves to the project account. EXHIBIT ,. Resolution No. GfiZO authorizing transfer of funds RECOMMENDAT I ON Adopt Resolution No. 6020 and authorize the reimbursement to the Carlsbad Unif'ied Scool Distrct Counctl Action: 12-18-79 Council adopted Resolution 6020 authorizing reimbursement of funds. , -1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ..I - - -_ RESOLUTION NO. 6020 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALI FORN IA AUTIiOR I Z ING THE TRANSFER OF FUNDS FOR THE RE I MBURSEMENT TO CARLSBAD UN I F I ED SCHGOL D I STR I CT OF MONIES UNSPENT FROM THE VALLEY AND BASSWOOD STREET IM- PROVEMENT PROJECT --- BE IT RESOLVED by the City Council of the City of Carlsbad as follows: 1. That the transfer of Eleven Thousand Three Hundred Thirty Three Dollars ($1 1,333) from the General Fund Unappropriated Reserves, Account No. 01-000-0900, to the Val ley and Basswood Street Improvements Project Acco.unt, No. 01-170-3052, is hereby authorized and approved. 2. That the Department of Finance Fund Transfer No. 31 on file in said department and incorporated by reference herein is approved. PASSED, APPROVED AND ADOPTED by the City Council of the City of Carlsbad at a regular meeting held the 18th day .of December , 1979, by the fol- lowing vote, to wit: AYES : Councilmen Packard, Skotnicki, Anear, Lewis and NOES : None Councilwoman Casler J&z64kCEAW/ RONALD C. PACKARD, MAYOR ATTEST : (SEAL)