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05-24-2021
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05-24-2021 BPU RPT 06
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05-24-2021 BPU AGENDA
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W A T E R E N E R G Y L l h E <br />P U B L I C U T I L I T I E S <br />RIVERSIDE PUBLIC UTILITIES <br />BOARD OF PUBLIC UTILITIES <br />Board Memorandum <br />DATE: MAY 24, 2021 <br />SUBJECT: UTILITY AGREEMENT NO. 24533 WITH THE STATE OF CALIFORNIA <br />DEPARTMENT OF TRANSPORTATION FOR REIMBURSEMENT TO CITY OF <br />RIVERSIDE IN THE AMOUNT OF $37,483.33 FOR WASHINGTON STREET <br />OVER -CROSSING ON INTERSTATE 215 PROJECT CONSTRUCTION <br />RELATED TO UTILITY CONFLICT MITIGATION — SUPPLEMENTAL <br />APPROPRIATION OF $37,483.33 TO FUND THE PROJECT AND INCREASE IN <br />ESTIMATED REVENUE OF $37,483.33 FOR THE REIMBURSEMENT <br />ISSUE: <br />Consider a recommendation that the City Council approve Utility Agreement No. 24533 between <br />State of California Department of Transportation and City of Riverside for reimbursement to City <br />of Riverside in the amount of $37,483.33 for Washington Street Overcrossing on Interstate 215 <br />Project construction related to utility conflict mitigation and appropriate $37,483.33 to fund the <br />project and increase estimated revenue for the same amount to reflect the reimbursement. <br />RECOMMENDATIONS: <br />That the Board of Public Utilities recommend that City Council: <br />1. Approve the Utility Agreement No. 24533 between State of California Department of <br />Transportation and City of Riverside for reimbursement to City of Riverside in the amount <br />of $37,483.33 for Washington Street Overcrossing on Interstate 215 Project construction <br />related to utility conflict mitigation; <br />2. Authorize the City Manager, or his designee, to execute the Utility Agreement and any <br />amendments including those to increase the reimbursable amount of the agreement; <br />3. Authorize a supplemental appropriation in the amount of $37,483.33 from the Water Fund <br />(520 Undesignated Reserve Fund) to a capital project account as established by the <br />Finance Department to fund the project; and <br />4. Authorize an increase in estimated revenue of $37,483.33 to reflect the reimbursement to <br />the Water Fund. <br />BACKGROUND: <br />State of California Department of Transportation (Caltrans) is reconstructing the Washington <br />Street Overcrossing on Interstate 215 (1-215) which consists of a new four -lane bridge that will <br />
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