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HomeMy WebLinkAbout Public Works CITY OF SAN BERL ARDINO REQUEST 311 COUNCIL ACTION File No. 6 . 036 Identification of Financing - IRLI From: RGUER G. HARDGR.-AVE Subject: stallation of Traffic Signals & �i Channelization at Mt. Vernon Avo Dept: Public Works and 21st Street Date: 2-27-96 Affi f .r.n. Synopsis of Previous Council action: 02-19-96 - Installation of Traffic Signals and Channelization at Mt. Vernon Avenue and 21st Street, approved in concept, and direction given to present alternate means of financing. Recommended motion: 1 . That the allocation of $120 , 000 , from the 1996/97 Community Development Block Grant Fund Program, for installation of Traffic Signals and Channelization at Mt. Vernon Avenue and 21st Street, be approved. OR 2 . That the expenditure of :$120 , 000 , from Account No. 129--000- 3405 , "Undesignated Balance, " for the installation of Traffic Signals and Channelization at Ht. Vernon Avenue and 21st Street, be approved. cc: Shauna Clark Signature Tim Steinhaus Contact person: Roger G. Hardgrave Phone: 5025 Supporting data attached: Staff Report Ward: 6 FUNDING REQUIREMENTS: Amount:_ $120 , 000 Source: (Acct. No.) To be determined (Acct. Description) Finance: Council Notes: 75-0262 Agenda Item No. CITY OF SAN BERhRDINO REQUEST ST . OR COUNCIL ACTION STAFF REPORT At the Council meeting of 2-19-96 , the installation of traffic signals and channelization at the intersection of Mt. Vernon Avenue and 21st Street was approved in concept, and the Director of Public Works/City Engineer was directed to present alternate means of financing for consideration. Two (2) alternate motions are presented for review by the Mayor and Council. It appears that the installation of traffic signals at Mt. Vernon avenue and 21st Street will be an eligible expenditure of Community Development Block Grant Funds . Therefore, the First Alternate is to approve the allocation of $120 , 000 . 00 , from the 1996/97 Community Development Block Grant Program, for the installation of traffic signals at Mt. Vernon Avenue and 21st Street. The Second Alternate is to approve the expenditure of $120 , 000 . 00 , from the "Undesignated Balance, " for 1/2� Sales Tax Fund, Account No. 129-000-3405 , for Traffic Signals at Mt. Vernon Avenue and 21st Street. 2-27-96