REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Eric G. Parra, Interim City Manager
VIA: Chau Vu, Director of Public Works
PREPARED BY: Sarah Whitecotton, Management Analyst
Subject:
title
Adopt Resolution No. 2024-11 Identifying a list of projects funded by SB 1: The Road Repair and Accountability Act of 2017 in Fiscal Year 2024/25
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 No. 2024-11 is a prerequisite for receipt of an estimated $5,079,178 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 No. 2024-11, "A Resolution of the City Council of the City of Huntington Beach Adopting a List of Projects for Fiscal Year 2024/25 Funded by SB 1: The Road Repair and Accountability Act of 2017."
end
Alternative Action(s):
Do not adopt the resolution and direct staff accordingly. By this action, the City would forego the estimated $5,079,178 of SB 1 funds for Fiscal Year 2024/25 and may need to consider 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 $5,079,178 in FY 2024/25 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 202...
Click here for full text