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2025/01/28 City Council Resolution 2025-007 RESOLUTION NO. 2025-007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AMENDING THE FISCAL YEAR 2024-25 (FY 2024-25) CIP BUDGET TO APPROPRIATE $1,003,000 FROM PUBLIC FACILITIES FEE FUND (FUND 4250) FOR SNYDER LANE/KEISER AVENUE INTERSECTION IMPROVEMENTS (CIP2201) INCREASE THE PROJECT BUDGET FOR CIP2201 FROM $2,400,000 TO $3,403,000 (CEQA STATUS: EXEMPT UNDER CEQA GUIDELINES §§ 15306) WHEREAS,projects in the Public Facilities Finance Plan are constructed to support new development, including the University District Specific Plan on the east side of Rohnert Park; and WHEREAS,the Keiser Avenue reconstruction, which includes improvements at the intersection of Keiser Avenue and Snyder Lane, is a project included in the Public Facilities Finance Plan; and WHEREAS, the Snyder Lane/Keiser Avenue Intersection Improvements(CIP2201) ("Project") is the third phase of the Keiser Avenue reconstruction of which two phases are already completed; and WHEREAS,design and construction documents for the Project were completed in Summer 2024, including an updated engineer's estimate of$3,204,000 which exceeds the current project budget of$2,400,000 provided by City of Rohnert Park FY 2024-25 Capital Improvements Plan Budget; and WHEREAS,a total budget augmentation of$1,003,000 is requested for the Project,which includes the $840,000 shortfall between the existing budget and the engineer's estimate for construction, as well as additional funds needed for construction management; and WHEREAS, the City desires to amend the Fiscal Year 2024-25 CIP Budget to provide a total project budget of$3,403,000 to deliver the Project; and WHEREAS, the Public Facilities Finance Fee Fund (Fund 4250) is the appropriate funding source for this project, as revenues in Fund 4250 are from impact fees collected from developers to construct infrastructure listed in the Public Facilities Finance Plan. NOW, THEREFORE,BE IT RESOLVED that the City Council of the City of Rohnert Park approves as follows: 1. The above recitals are true and correct and material to this Resolution. 2. The Finance Director is hereby authorized to implement a budget amendment increasing the Project budget of the Snyder Lane/Keiser Avenue Intersection Improvements (CIP2201) from $2,400,000 to $3,403,000 with a new appropriation of$1,003,000 from the Public Facilities Finance Fee Fund (Fund 4250) to the CIP2022 budget; and related actions to implement the Project. DULY AND REGULARLY ADOPTED this 28th : of January, 2025. CITY O ' O ' ERT PARK Gerall.'dice, Mayor ATTEST: Sylvi AP V AS O RM: Mic e e . enyo , City Attorney Adams: Elwar : Rodriguez- Sanborn: /�►,/ Guidire: a A yes: ( ) No (� ) Absent: t) Abstain: , ) Resolution 2025-007 Page 2 of 2