Res13 15292 - Laserfiche WebLink

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09/09/2013 mentioned essential seismic retrofit work with no on-going impacts on the City finance and administration; and WHEREAS, on July 30, 2013, Staff received an Award Letter from FEMA and Cal OES approving a grant funding budget for the total requested project cost of $2,603,380. The Federal grant share is $1,952,760, and the City share is $650,920. The City will have three years to complete the projects of which Staff is confident that it can be achieved; and WHEREAS, the City Council wishes to accept the grant, authorize the City Manager to execute the Grant Award Agreement, and amend the revenues and expenditures of the City Fiscal Year 2013-2014 Water Fund Capital Projects budget to accommodate the grant and project construction fund in order to facilitate the seismic improvement projects identified above. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY, AS FOLLOWS: • The City Council hereby accepts the FY12 Pre-Disaster Mitigation Competitive Grant Award of $1,952,760 for a total project budget of $2,603,380 from the Federal Emergency Management Agency (FEMA) and the California Governor's Office of Emergency Services (Cal OES/EMA); and authorizes the City Manager to execute the Grant Award Agreement and related contract documents. • Water Fund Capita/ Projects revenue budget shall be increased by $1,952,76Q, and • Water Fund Capita/Projects expenditure budget shall be increased by $794,394. The remainder of the project budget is balanced by previous appropriations in the Water Fund Capital Projects — Water System Seismic Update and Carson Tank Rehabilitation. These existing budgets have available balances of $808,986, and $1,000,000, as of July 31, 2013, respectively. * * * ATTY/RES0.2905/APPROVING AN APPROPRIATION WITHIN THE RWC CAPITAL PROJECTS FUND RESO.#15292 REV:09-03-13 VR MUFF#501 Page 2 of 2