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THE CITY OF <br /> —•• ••• � CITY COUNCIL AGENDA REPORT <br /> pL£ASANTON. <br /> April 21, 2020 <br /> Engineering <br /> TITLE: ADOPT A RESOLUTION AMENDING THE FISCAL YEAR 2020/21 <br /> BUDGET TO INCORPORATE A LIST OF PROJECTS FUNDED BY <br /> SENATE BILL 1, THE ROAD REPAIR AND ACCOUNTABILITY ACT OF <br /> 2017 <br /> SUMMARY <br /> Senate Bill 1 (SB-1), the Road Repair and Accountability Act of 2017, was passed by <br /> California Legislature and signed into law by the Governor in April 2017 to address the <br /> significant multi-modal transportation funding shortfalls statewide. <br /> SB-1 created the Road Maintenance and Rehabilitation Account (RMRA). To receive <br /> funding from SB-1, the City must adopt a resolution that includes a list of all proposed <br /> projects to be funded by the RMRA. The list must include a description and the location <br /> of each project, a proposed schedule for the project's completion, and the estimated <br /> useful life of the project's improvements. <br /> RECOMMENDATION <br /> Adopt a resolution amending the Fiscal Year (FY) 2020/21 budget to incorporate a list of <br /> street improvements to be funded by SB-1, the Road Repair and Accountability Act. <br /> FINANCIAL STATEMENT <br /> SB-1 will provide the City with an estimated $1,520,240 in RMRA funding in FY <br /> 2020/21. This funding is programmed into the FY 2020/21 Streets Capital Improvement <br /> Program (CIP). <br />