The council approved the desired adjustments to the city’s 2020 Program of Projects in the 2021 Regional Transportation Improvement Program.
According to the report, no more than 30 percent of its annual revenues shall be spent on local street and road maintenance-related projects as a result of the Amendment.
The city also certifies that all new or changed or major reconstruction projects included in the amendment and funded by TransNet revenues shall accommodate travel by pedestrians and bicyclists.
The council also approved the construction documents for the Rancho Santa Fe and Grandon Ave. Traffic Signal Modification Project and appropriated $34,667 of additional funds from TransNet to the project.
They also authorized the city manager to finalize a contract with Lekos Electric, Inc. for the amount of $224,200.
The City Council then approved the Fiscal Year 2019 to 2020 Consolidated Annual Performance and Evaluation Report for Community Development Block Grant funding purposes.
As a condition of receipt of CDBG funding, the city must annually submit a Consolidated Annual Performance and Evaluation Report to the U.S. Department of Housing and Urban Development (HUD), which details activities undertaken during the previous year to address the needs of low and moderate-income residents of San Marcos, according to the staff report.
The council also approved a resolution to refinance outstanding special tax revenue refunding bonds of the San Marcos Public Financing Authority.
The council completed the annexation of certain properties into Community Facilities Districts and Fire Protection Districts.
The council also approved an amendment to the reimbursement agreement with H.G. Fenton Development Company, LLC regarding reimbursement for the construction of supplemental improvements along Craven Road and Discovery Street and between Bent Avenue and Twin Oaks Valley.
The cancellation of the City Council meeting on Nov. 24 was also approved.
