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HomeMy WebLinkAboutResolution 22-25RESOLUTION 22-25 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS APPROVING THE PLANS AND SPECIFICATIONS FOR THE MATADERO CREEK RESTORATION AND BANK STABILIZATION PROJECT; AUTHORIZING STAFF TO ADVERTISE THE PROJECT FOR FORMAL BID; AND TRANSFERING $200,000 FROM CAPITAL PROJECTS RESERVE FUNDS TO SUPPLEMENT THE DRAINAGE IN-LIEU FUNDING SOURCE WHEREAS, the Matadero Creek Erosion Repair has been approved in the Adopted Operating and Capital Budgets for FY2024-2025 and FY2025-2026; and WHEREAS, the updated and value engineered Plans and Specifications for the Matadero Creek Restoration and Bank Stabilization for the erosion repair work have been completed for rebid; and WHEREAS, staff recommends that the City Council approve the Plans and Specifications for the Matadero Creek Restoration and Bank Stabilization Project and authorize staff to advertise the project for formal bid; and WHEREAS, for fiscal prudence and to maintain an operational balance in the Storm Drain Fund at the end of the project, staff is recommending transferring $200,000 from the General Fund Capital Projects Reserve funds to the project budget to supplement the Drainage in-Lieu budget approved for the project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the Town of Los Altos Hills that: 1.The Plans and Specifications for the Matadero Creek Restoration and Bank Stabilization Project are approved; and 2.Staff is authorized to advertise the project for formal bid; and 3.$200,000 of the General Fund Capital Projects Reserve is approved to be transferred to the project to supplement the Drainage in-Lieu funding source The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los Altos Hills at a regular meeting held on the 20th day of March 2025 by the following vote: A YES: T ANKHA, BHA TEJA, MOK, SW AN, TYSON NOES:NONE ABSTAIN: NONE ABSENT: NONE ATTEST: � �c!Aovd"fu.O Oof\ ikaBir�Miller, Cit,J2lerk BY: RESOLUTION 22-25 Kavita Tankha, Mayor