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HomeMy WebLinkAbout09 - Petition Certification and Request for Funding for Proposed Underground Assessment District No. 117 - Public Works MemoSEW PORT CITY OF NEWPORT BEACH /- FOVL T Public Works Department DATE: June 9, 2015 TO: Honorable Mayor & Members of the City Council FROM: Dave Webb, Director of Public Works SUBJECT: Regular Meeting June 9, 2015, Agenda Item 9 Petition Certification and Request for Funding for Proposed Underground Assessment District No. 117 Agenda Item 9 recommends approval of two resolutions regarding acceptance of petitions and funding for Assessment District 117. Since the posting of the agenda, we noted that a clarification is necessary regarding the execution of the Budget Amendment Resolution have attached a underlined/redlined Recommendation b) as shown below for your reference and consideration. b) Approve Budget Amendment No. 15BA-050 authorizing an advance from the General Fund in the amount of $450,000 to Assessment District No. 117 and appropriating $270,000 to Account No. 74117-9810 for electrical utility design by SCE, $30,000 to Account No. 74117-9811 for phone system design by AT&T and $150,000 to Account No. 74117-9812 for assessment engineering services. Authorize the City Manager to execute documents necessary to. inlernent these expenditures, Funds remaining in this fiscal year will be carried forward to FY 16 per Council Policy F-3. Submitted by: � Mark Vukojevic Deputy Public Works Director/City Engineer