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City of Hermosa Beach --- 11-25-97
Municipal Pier - Amendment to Proposition A Agreement
Recommendation:
It is recommended that City Council:
The Hermosa Beach Municipal Pier Project was partially funded through County Proposition A, passed by voters in November, 1992. This "Safe Neighborhood Act" provided $1.5 million towards the Pier Project. The City Council in February 1996 approved a resolution supporting a similar ballot measure be included in the November, 1996 vote. That resolution had requested the inclusion of an allocation of $2.48 million in additional funding for this project. Unfortunately this request was reduced by the District to $1 million. November, 1996 passage of this measure included specification of an additional $1 million in funding towards the Hermosa Beach Municipal Pier Project.
Analysis:
In order that the agreement between the Los Angeles County Parks and Recreation District, who administers the funds, and the City of Hermosa Beach be amended to include the $1 million, the District is now requiring that the City Council approve an additional application for these funds.
Fiscal Impact:
Adoption of this resolution will insure that the County allocate an additional $1 million in Proposition A funds to the Hermosa Municipal Pier Project (CIP 95-620). |
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