Loading...
HomeMy WebLinkAbout10 - BA-048 Bikeways and TrailsCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. lo March 11, 2003 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Public Works Department Lois Thompson, Administrative Manager 949 - 6443311 Ithompson@city.newport-beach.ca.us SUBJECT: BUDGET AMENDMENT TO APPROPRIATE FUNDS - BIKEWAYS AND TRAILS RECOMMENDATION: Approve a Budget Amendment appropriating $57,933 from Bikeways and Trails Fund No. 292 to Account No. 7283- C5100543. DISCUSSION: In Resolution 92 -34, Council authorized submittal of an application to the Orange County Transportation Authority (OCTA) for funds to construct pedestrian and bikeway facilities. These grant funds were made available as a result of SB -821. Over the years, the City has received funds from OCTA for this purpose and in turn has used these grant funds to construct ADA and other improvements. It has been determined there is $57,933 available and staff requests approval to appropriate these funds to the current budget. These monies can be made available for the oceanfront bikeway improvements in the Balboa Village project. Environmental Review: Not applicable Funding Availability: The funds are available but have not been appropriated in the current budget. Prepared by: Lois Thompson Administrative Manager Attachment: Resolution No. 92 -34 Submitted by: t Stephen . Badum Public Works Director RESOLUTION NO. 92 -34 A RESOLUTION OF THP CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO SUBMIT AN APPLICATION TO THE ORANGE COUNTY TRANSPORTATION AUTHORITY AND THE SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS FOR THE CONSTRUCTION OF PEDESTRIAN AND BIKEWAY FACILITIES (RE. 1992 -93 BB-821 FUNDING PROGRAM) WHEREAS, SB -821 provides that 2% of each County's total Local Transportation Fund (LTF) be annually set aside and used to fund the development of bicycle and pedestrian facilities; and WHEREAS, the City of Newport Beach has a bikeway and pedestrian system in conformance with specifications of Caltran's Planning and Design Criteria for Bikeways in California and the Regional ; and WHEREAS, the City of Newport Beach desires to construct the Master Plan bikeway and pedestrian improvements within the City of Newport Beach; NOW, THEREFORE, BE IT RESOLVED that the City of Newport Beach shall apply to Orange County.Transportation Authority and the Southern California Association of Governments, as follows: 1. To adopt the Bikeway System in conformance with the specifications of Caltrans' Planni_n_a and Design— Criteria for Bikeways in California and the Regional Transportaion Plan. 2. Apply for all funds available to the City of Newport Beach which are allocated for bikeways and pedestrian facilities; and 3. Authorize the City Manager, or his designee, as the City's authorized signatory and designated contact person. Adopted this 27th day of April — ,1992 City of Newport Beach BUDGET AMENDMENT 2002 -03 EFFECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates Increase Expenditure Appropriations AND x Transfer Budget Appropriations SOURCE: from existing budget appropriations from additional estimated revenues PX from unappropriated fund balance EXPLANATION: NO. BA- 048 AMOUNT: $57,933.00 Increase in Budgetary Fund Balance Decrease in Budgetary Fund Balance No effect on Budgetary Fund Balance This budget amendment is requested to provide for the following: To appropriate funds from unappropriated fund balance in Fund 292 for the oceanfront bikeway improvements in the Balboa Village Project. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account 292 3605 REVENUE ESTIMATES (3601) Fund /Division Account EXPENDITURE APPROPRIATIONS (3603) Description Bikeways and Trails Fund Fund Balance Description Amount Debit Credit $57,933.00 $57,933.00 Date zgo3 Dald Date Description Division Number 7283 SB-821 Account Number C5100543 Capital Projects - Balboa Village Plan Division Number Account Number Division Number Account Number Division Number Account Number Division Number Account Number Signed: /7 Financial pprova1: Administrative Services Director Signed: Administrative Ap{ roVal: City Manager Signed: City Council Approval: City Clerk Amount Debit Credit $57,933.00 $57,933.00 Date zgo3 Dald Date