docketcity.com
24-120

SUBJECT: Adoption of a Resolution to Enter into a Funding Agreement with the State of California Department of Water Resources to Receive Funds in the Amount not to Exceed $6,000,000 for the Bear Creek Restoration Project (CP240058) REPORT IN BRIEF Considers adopting a Resolution to enter into a Funding Agreement with the State of California Department of Water Resources to receive funds in the amount not to exceed $6,000,000 for the Bear Creek Restoration Project and authorizing the City Manager to execute the agreement on behalf of the City of Merced. RECOMMENDATION City Council - Adopt a motion: A. Adopting Resolution 2024-18, a Resolution of the City Council of the City of Merced, California, Authorizing the City Manager to enter into an agreement with the State of California Department of Water Resources to receive funds for the Bear Creek Restoration Project; and, B. Accepting and increasing the revenue budget in Fund 6000 - Wastewater in the amount of $6,000,000, and appropriating the same to Fund 6000 - Wastewater in Project CP240058 Bear Creek Restoration; and, C. Approving the use of pooled cash to cover the appropriation until City receives reimbursement funds; and, D. Authorizing the Finance Officer to make the necessary budget adjustments; and, E. Authorizing the City Manager to execute all necessary documents.

Consent Item Passed Introduced January 29, 2024

What this record is

Amount
$6.00M
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Utilities & energy

utilities & energy contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council/Public Finance and Economic Development Authority/Parking Authority
Requested by
Public Works - Water Resources & Reclamation
Introduced
January 29, 2024
On agenda
February 20, 2024
Passed
February 20, 2024

Where it was heard

City Council/Public Finance and Economic Development Authority/Parking Authority Feb 20, 2024 approved Pass

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