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HomeMy WebLinkAboutReso 10-26 Coleman Park Phase 1 Budget Amendment - signed RESOLUTION NO. 10-26 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA, AUTHORIZING AMENDMENT TO THE CITY’S FISCAL YEAR 2025-26 OPERATING AND CAPITAL BUDGET T H E C I T Y C O U N C I L City of Morro Bay, California WHEREAS, the City of Morro Bay is required to appropriate and expend public funds to conduct its day-to-day business activities; and WHEREAS, the City Council adopted the Fiscal Year (FY) 2025-26 Operating and Capital Budget on June 24, 2025, by Resolution No. 38-25; and WHEREAS, the cost of Phase 1 of the Coleman Park Capital Project has exceeded allocated funding; and WHEREAS, the Active Transportation Plan/Corridor Studies project has been paused; and WHEREAS, the Sequoia Emergency Storm Drain project was completed under budget; and WHEREAS, the Citywide Capital and Facilities Planning project was completed under budget; and WHEREAS, the City Council deems it necessary to reallocate previously allocated funding of these projects to Coleman Park Capital Project Phase 1. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay, California, authorizes the reallocation of $194,167.09 in previously allocated General Fund resources to the Coleman Park Capital Project Phase 1 as outlined in Table 1. // // // // // // Table 1. Budget Reallocation Detail Project Account Description Increase (Decrease) Citywide Capital & Facilities Planning 915-8240-6105 Consulting Services ($84,798.71) Sequoia Emergency Drain Repair 915-9950-6106 Contractual Services ($42,368.38) Active Transportation Plan & Corridor Studies 915-8032-6106 Contractual Services ($67,000.00) Coleman Park Project Phase 1 915-8424-6106 Contractual Services $194,167.09 PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting thereof held on the 24th day of February 2026, by the following vote: AYES: Wixom, Eckles, Edwards, Luffee NOES: None ABSENT: Landrum ABSTAIN: None RECUSE: None ______________________________ CARLA WIXOM, Mayor ATTEST: _____________________________ DANA SWANSON, City Clerk Carla Wixom (Feb 25, 2026 20:45:54 PST) Carla Wixom Reso 10-26 Coleman Park Phase 1 Budget Amendment Final Audit Report 2026-02-26 Created:2026-02-25 By:Heather Goodwin (hgoodwin@morrobayca.gov) Status:Signed Transaction ID:CBJCHBCAABAAHPLzIbvp-5XGZregb8MhdNIRTK39e1pK "Reso 10-26 Coleman Park Phase 1 Budget Amendment" Histor y Document created by Heather Goodwin (hgoodwin@morrobayca.gov) 2026-02-25 - 9:25:23 PM GMT Document emailed to cwixom@morrobayca.gov for signature 2026-02-25 - 9:26:05 PM GMT Email viewed by cwixom@morrobayca.gov 2026-02-26 - 4:45:21 AM GMT Signer cwixom@morrobayca.gov entered name at signing as Carla Wixom 2026-02-26 - 4:45:52 AM GMT Document e-signed by Carla Wixom (cwixom@morrobayca.gov) Signature Date: 2026-02-26 - 4:45:54 AM GMT - Time Source: server Document emailed to Dana Swanson (dswanson@morrobayca.gov) for signature 2026-02-26 - 4:45:56 AM GMT Email viewed by Dana Swanson (dswanson@morrobayca.gov) 2026-02-26 - 4:08:34 PM GMT Document e-signed by Dana Swanson (dswanson@morrobayca.gov) Signature Date: 2026-02-26 - 4:08:45 PM GMT - Time Source: server Agreement completed. 2026-02-26 - 4:08:45 PM GMT