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HomeMy WebLinkAboutCity Council Resolution 17-067 - Transfer Funds from the Development Reserve to the General Plan Update CIPRESOLUTION NO. 2017-067 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA TO TRANSFER FUNDS FROM THE DEVELOPMENT RESERVE TO THE GENERAL PLAN UPDATE CIP WHEREAS, the City's General Plan is the master plan document to articulate guidance for the current and future development of this City; and, WHEREAS, State law (Government Code Section 65040.2) calls for the periodic review and revision of the City's General Plan; and, WHEREAS, the City Council desires to articulate development guidance for the City; and, WHEREAS, the City has conducted a Request for Proposal process to engage qualified consultants in the preparation of the City's General Plan update process and document; and, WHEREAS, M -Group was chosen as the consultant for the General Plan Update & Programmatic EIR, and Fehr & Peers would expand their services to prepare the Circulation Element, and the City Attorney would expand their services to provide support for the preparation of the Programmatic EIR; and, WHEREAS, the amount of funds necessary to engage the consultants is $380,515, and the current balance for the CIP budget item for the General Plan update is $322,606; and, WHEREAS, the City Council has approved a short loan of $57,909 from the Development Reserve to the General Plan Update CIP Project to fund the consultant work; and, WHEREAS, it is necessary to adjust the Fiscal Year 2017/18 Operating and Capital Improvement Budget as follows: Account Description Account# Amount To appropriate the transfer out of the General Fund's Development Reserve to the General Plan Update CIP project: Transfer Out: 111.8101.99999 $ 57,909 To appropriate the transfer of funding from the reserve to the General Plan Update CIP project, and to then increase the expenditure appropriation for the project: Transfer In: Expenditure: 414.9451-002.49999 414.9541-002.81161 $ 57,909 $ 57,909 NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby (1) approves the above budget adjustment to the Fiscal Year 2017/18 Operating and Capital Improvement Budget; (2) authorizes the City Manager to enter into a contract with M -Group to prepare the General Plan Update & Programmatic EIR ($310,515) and to enter into a contract with Fehr & Peers to prepare the Circulation Element ($45,000), and (3) authorizes the City Attorney to provide Programmatic EIR support to be paid from the CIP Budget item for the General Plan Update ($25,000). BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on December 20, 2017 by the following vote: AYES: Mayor Mary -Lynne Bernald Vice Mayor E. Manny Cappello, Howard A. Miller, Emily Lo, NOES: ABSENT: Rishi Kumar ABSTAIN: ATTES : v DATE Nora Pimentel, MMC, City Clerk I �nnelerna�ldMa�yor��