Corona

City Council

June 05, 2024 Item #28

Agenda Item 28

28. RESOLUTION - RESOLUTION AUTHORIZING THE CITY MANAGER, OR HIS\nDESIGNEE, TO RECEIVE AND ACCEPT SENATE BILL-1 ROAD REPAIR AND\nACCOUNTABILITY ACT OF 2017 REVENUE FOR FISCAL YEAR 2025 IN AN ESTIMATED\nAMOUNT OF $4,018,128 FOR THE CITYWIDE STREET PAVEMENT REHABILITATION\nPROJECT, NO. ST-2025-06\nThat the City Council:\na. Adopt Resolution No. 2024-067, authorizing the City Manager, or their designee,\nto receive and accept Senate Bill-1 Road Repair and Accountability Act of 2017\nrevenue for Fiscal Year 2025 in an estimated amount of $4,018,128 for the\nCitywide Street Pavement Rehabilitation Project, No. ST-2025-06.\nb. Accept and appropriate $4,018,128 in Fiscal Year 2025, as awarded by the State,\nfrom the unappropriated Road Maintenance and Rehabilitation Fund 221 to the\nCitywide Street Pavement Rehabilitation Capital Improvement Project No. ST-\n2025-06.\nc. Approve the estimated revenue of $4,018,128 in Fiscal Year 2025 in the Road\nMaintenance and Rehabilitation Fund 221 for reimbursement by the State, per\nthe Road Repair and Accountability Act of 2017 - Local Streets and Roads\nFunding Amended Annual Reporting Guidelines.