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sr-081264-8oS6~-~,0 }-t~~ DATE: TO: FROM: SUBJECT CITY OF SANTA MONICA ITE - T T July 23, 1904 4~I. A. Hard, Acting City P2anager Bartlett L. Kennedy, City Engineer E . ~ ~~ ~~ ~e~~ ~ ~~x~ YY~dYC d{d~~&PL YydiS'~~ i9 #33}'y~@! ~i9 &'~~. 23rd Street and Dewey Street Realignment. As you knovr, the subject improvement is included as Project No. 114 in .our 1964-05 State Gasoline Tax Project Prcgrarn. This project is being designed and constructed by the City of Los Angeles with the cost being shared between our t~,ao Cities. The 196~~-05 Gas Tax Project was submitted and aparoved based on cost estimates furnished this office by Los Angeles just prior to our submittal of the project to the State. On July 14, 19'04, Los Angeles submitted to this office a proposed agreement fcr the sharing of costs between the two Cities. The costs shown in this agreement are greater than the costs used in our project apolication. Following is a summary of Santa blonica's revised share of the costs, together with the funds available: R "vd Const . Funds required (per Los Angeles' estimate of 7/1464) ............. 22,500 $38,000 Funds available in Gas Tax Project 114 ...................... $26,000 x;33,100 Adequate Right of day funds are available. Additional con- struction funds in the amount of X4,900 (call y~5,000) are required. State regulations prevent transferring R~Ld funds to construction; however, unexpended R~ta funds are returned for reprogramming at a future date. The additional construc- tion funds required are available in our Oontingency Project 123 . July 23, 19'04 Page 2 Subject: 23rd Street and Dewey Street Realignment, In addition to the above additional Gas Tax Funds required, there are .certain necessary construction items that are not eligible Gas Tax expenditures (sidewalks and one street light . The total cost of these items is estimated at $4,000. Our share of these costs is one-half - or 2,000. Prior to the City Council approving the proposed agreement with Los Angeles, it will be necessary to secure these additional funds. It therefore is recommended that the City Council be re- quested to: 1. Authori2e the City Engineer to request approval from the State to spend X5,000 from Contingency Fund Project No. 123 for the purpose of providing additional construction funds for the subject project. 2. Appropriate y~2,000 to cover the estimated City's share of ineligible construction items. Upon approval of the additional Gas Tax funds from the State, this office will submit the proposed agreement for the sharing of cost to you for submittal to the Council for approval. BARTLETT L. KENNEDY City Engineer ~n rr a .'~i%~ ~~ ~~ ~~~\ /~ , J .r V ~ ~ ..~' , ~~ ~ ~ 7 ~ . 4 ^ ~f'uN If/ s ~' g,