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HomeMy WebLinkAbout2009-01-27 - AGENDA REPORTS - PROPOSITION 1B LOCAL ST PLAN (2)Agenda Item: 9 CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager Approv Item to be presented by: Curtis Nay DATE: January 27, 2009 SUBJECT: PROPOSITION 1B LOCAL STREETS AND ROADS FISCAL YEAR 2008/09 APPROPRIATION - COMPLETE PLAN DEPARTMENT: Public Works RECOMMENDED ACTION City Council adopt the Complete Plan for the use of Proposition 1B Local Streets and Roads Fiscal Year 2008/09 Appropriation funding in the amount of $2,633,691.40. The Complete Plan for Fiscal Year 2008/09 includes construction for the City Overlay Program. BACKGROUND In 2007/08, the City received its first of two allocations for the Proposition 1 B Local Streets and Roads Program. Last year's allocation also included the Annual Overlay Program, Project M0055. In November 2008, the State of -California made available the 2008/09 Allocation for Proposition 1B Local Streets and Roads Funding. The Complete Plan for the current fiscal year includes construction for the City Overlay Program. In order to qualify and apply for Fiscal Year 2008/09 funds, the City must have received the full allocation from the 2007/08 appropriation and reported the progress of that project to the State Department of Finance through the annual update. These requirements were met and completed on November 17, 2008. The overlay project is an integral part of the City's pavement management program. The overlay project resurfaces streets in various areas of the City. This provides a smoother ride for traffic, enhances the appearance of the roadway and surrounding area, and extends the life of the roadway a minimum of 15 years. With adoption of the Complete Plan, staff will complete the state's online application submittal .process and be poised to receive approval from the State of California to receive funds. ipplavil. ALTERNATIVE ACTIONS Other action as directed by the City Council. FISCAL IMPACT The City will receive revenue in the amount of $2,633,691.40 from the Proposition 1B fund. However, at this time, Proposition 1B funds have been "frozen" by the State of California Controllers Office, stating "Due to the cash crisis that the state is facing, this payment (Prop. 1B LSR) has been put on hold until the legislature acts, the economy improves or this office is notified otherwise." Staff continues to monitor the status of the "freeze" and will report any changes to the Proposition 1B Local Streets and Roads Fund if revised guidelines alter the City's Complete Plan in any way. At this time, the City is strongly encouraged to adopt the Complete Plan and complete the state's online application submittal so when funds become available, the City will be poised to receive funds on a first come, first serve basis. ATTACHMENTS None