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HomeMy WebLinkAboutRES 75 173„e- 7-5-- / 7 3 R E S 0 L” 'U T I '0' 'N WHEREAS, Phelan Boulevard Phase I (CIP Project No. 11 -ST -01), College Street (CIP Project No. 11 -ST -02), Washington Boulevard (CIP Project No. 11 -ST -03), and Florida Street (CIP Project No. 11 -ST -08), were Capital Improvements Program Projects awarded to be paid out of Capital Improvements Program Funds; and, WHEREAS, the City Council desires to transfer a portion of the obligation under each of these four contracts to the Revenue Sharing Street Account; and, WHEREAS, the City Council desires to transfer certain Revenue Sharing Street Account Funds to the Capital Improvements Program Street Account; NOW, THEREFORE, BE IT RESOLVED BY THE CITY.COUNCIL OF THE CITY OF BEAUMONT: THAT the appropriate City officials are hereby authorized to transfer $72,171.91 from CIP Project No. 11 -ST -01, Phelan Boulevard Phase I; $38,955.20 from CIP Project No. 11 -ST -02, the College Street Project; $173,793.60 from CIP Project No. 11 -ST -03, the Washington Boulevard Pro- ject; and $136,232.00 from CIP Project No. 11 -ST -08, the Florida Street Project to the Revenue Sharing Street Account; and, BE IT FURTHER RESOLVED that appropriate City officials are here- by authorized to transfer $243,583.05 out of the Revenue Sharing Street Account Fund to the Capital Improvements Program Street Account to be used to provide lighting on Phelan Boulevard Phase I and current needs for right-of-way and engineering in Capital Improvements Program'Street Projects. PASSED BY THE CITY COUNCIL of the City of Beaumont this the s day of 1975.