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File #: 23-317    Version: 1
Type: Consent Calendar Status: Passed
File created: 3/29/2023 In control: City Council/Public Financing Authority
On agenda: 5/2/2023 Final action: 5/2/2023
Title: Adopt Resolution 2023-17 identifying a list of projects that will be funded with SB 1: The Road Repair and Accountability Act of 2017 in Fiscal Year 2023/24
Attachments: 1. Att #1 - Resolution 2023-17, 2. Att #2 - Resolution 2023-17 Presentation
REQUEST FOR CITY COUNCIL ACTION

SUBMITTED TO: Honorable Mayor and City Council Members

SUBMITTED BY: Al Zelinka, City Manager

VIA: Chau Vu, Acting Director of Public Works

PREPARED BY: Sarah Whitecotton, Management Aide

Subject:
title
Adopt Resolution 2023-17 identifying a list of projects that will be funded with SB 1: The Road Repair and Accountability Act of 2017 in Fiscal Year 2023/24
body

Statement of Issue:
In order to receive State of California SB 1 funding, the City is required to annually adopt a resolution that identifies City projects that will utilize these funds.

Financial Impact:
Adoption of Resolution 2023-17 is a prerequisite for receipt of an estimated $4,917,993 of SB 1 funding from the State, which will be deposited in RMRA Fund 1247. Funds will be used toward eligible street and transportation projects identified in this Resolution.

Recommended Action:
recommendation
Adopt Resolution 2023-17, "A Resolution of the City Council of the City of Huntington Beach Adopting a List of Projects for Fiscal Year 2023/24 Funded by SB 1: The Road Repair and Accountability Act."
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Alternative Action(s):
Do not adopt the resolution and direct staff accordingly. By this action, the City would forego the $4,917,993 of SB 1 funds for Fiscal Year 2023/24 and may need to consider identifying other funding sources for the projects listed.

Analysis:
Senate Bill 1 (SB 1), the Road Repair and Accountability Act of 2017, was passed by the Legislature and signed into law by the Governor in April 2017 to address significant transportation shortfalls statewide. Based on the City of Huntington Beach's population, it is estimated the City will receive $4,917,993 in FY 2023/24 for use on eligible street and transportation projects. A prerequisite to receiving the funds is the submittal of a City Council resolution to identify proposed projects that will utilize this funding. The proposed Capital Improvement Program (CIP) Budget for FY 2023/24 ident...

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