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HomeMy WebLinkAboutMINUTES - 03162004 - C.10 TO: BOARD OF SUPERVISORS FROM: MAURICE M. SHIU, PUBLIC WORKS DIRECTOR DATE: March 16, 2004 SUBJECT: Tosco/Solano Transportation Mitigation Fund SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION I. Recommended Action: AUTHORIZE the Auditor-Controller to release $37,000 from Designation Reserve Tosco/Solano Transportation Mitigation, Fund 111500, so funds can be expended for various Tosco/Solano Transportation Mitigation projects, Martinez area. APPROVE and AUTHORIZE appropriation adjustment in the amount of$37,000 for the Tosco/Solano Transportation Mitigation, Fund 111500. RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE „APPROVE OTHER. SIGNATURE(S):(a-'J1--'/-e ACTION OF BO ON MARCH 16, 2004 APPROVED AS RECOMMENDED-OTHER VOTE OF SUPERVISORS xx UNANIMOUS (ABSENT NONE ) I hereby certifythat this is a true and correct c0 of an copy AYES: NOES: action taken and entered on the minutes of the Board ABSENT: ABSTAIN: of Supervisors on the date shown. BF:je GATransEng120041B0-TE\B0 Tosco-SolanoTransMit release.doc Orig Div: Public Works(Transportation Division) Contact: Bill Fernandez 313-2294 ATTESTED: MARCH 16, 2004 cc: E.Kuevor,CAO Auditor-Controller John Sweeten, Clerk of the Board of Supervisors and Community Development County Administrator PW Accounting By , Deputy SUBJECT: Tosco/Solano Transportation Mitigation Fund DATE: March 16, 2004 PAGE: 2 II. Financial Impact: The above action releases the revenue in the Tosco/Solano Transportation Mitigation Fund Designation Reserve and allows the County to proceed with the various projects set up under the Tosco/Solano Transportation Mitigation Fund. Releasing the revenue in the Tosca/Solano Transportation Mitigation Fund will have no financial impact on the General Fund. III. Reasons for Recommendations and Background: These funds were put aside at budget time, as we did not anticipate these projects at that time. To facilitate these projects, the Designation Reserve needs to be released and the appropriation adjustment needs to occur. IV. Consequences of Negative Action: If the Board does not take the above action, then the various Tosco/Solano Transportation Mitigation Fund projects will not be able to proceed.