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HomeMy WebLinkAboutReso 140-1996 RESOLUTION NO. 140-96 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION TRANSFERRING FUNDS FROM THE OYSTER POINT FUND AND AMENDING THE CAPITAL IMPROVEMENT PROGRAM (CIP 97-2) FOR OYSTER POINT HOOK RAMP/ FLYOVER WHEREAS, the Hook Ramp and Flyover are an integral part of the Oyster Point Interchange Project and represent Phase II and Phase III to the completion of the overpass; and WHEREAS, Phase I is now complete, and Caltrans has accepted the bridges and ancillary construction and signalization; and WHEREAS, preliminary alignment of the hook ramps interferes with the location of the Indian middens on the Terrabay site; and WHEREAS, funding is needed to study the relocation of the ramps which drives the alignment of the flyover, in the amount of $51,000,(budget amendment (a)) and based upon the feasibility of the hook ramp study it is recommended that the flyover be designed to the contract document stage, in the amount of $500,000 ((budget amendment (b)); and ' WHEREAS, the estimated construction cost for the project is approximately $10.8 Million; and WHEREAS, developer fees will reimburse the Oyster Point fund for these expenses. NOW, THEREFORE BE IT RESOLVED by the City Council of the city of South San Francisco that: The 1996-1997 Capital Improvement Budget (CIP 97-2) is hereby amended (a) to transfer funds for a feasibility study of the hook ramp location in the amount of $51,000, and (b) to transfer funds for the design and alignment of the flyover to the contract document stage in the amount of $500,000 I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a reqular meeting held on the llth day of September , 1996 by the following vote. AYES: Councilmembers Joseph A. Fernekes, Eu.qene R. Mullin, John R. Penna, Robert Yee and Mayor Jack Dra.qo NOES: None ABSTAIN: None ABSENT None ATTEST ://~~Cit y~~~k~ cip2. OP