20-237
SUBJECT: Measure V Regional Project Funding Agreements with Merced County Association of Governments to Receive Measure V Funds for the Highway 59 Widening Phase 1 (Agreement No. 20180913SD_L) and Highway 59 Black Rascal Bridge Project (Agreement No. 20180913SD_M) REPORT IN BRIEF Consider authorizing a Measure V Regional Funding Agreements with Merced County Association of Governments to receive Measure V Regional funds for the Highway 59 Widening Phase 1 and Highway 59 Black Rascal Bridge Projects. RECOMMENDATION City Council - Adopt a motion: A. Approving the Measure V Regional Funding Agreement for the Highway 59 Widening Phase 1; and, B. Approving the Measure V Regional Funding Agreement for the Highway 59 Black Rascal Bridge Project, with Merced County Association of Governments; and, C. Authorizing the use of pooled cash for expenditures until City receives reimbursement funds; and, D. Authorizing the Finance Officer to make the necessary budget adjustments; and, E. Authorizing the City Manager or the Assistant City Manager to execute the necessary documents.
- Committee
- City Council/Public Finance and Economic Development Authority/Parking Authority
- Introduced
- May 11, 2020
- On agenda
- June 1, 2020
- Passed
- June 1, 2020