Title
Subject: Consider approving the use of funds from the Art In-Lieu Fees for the Jollyman All-Inclusive Playground (AIPG) Capital Improvement Programs (CIP) project.
Recommended Action
1. Approve the use of appropriations of $338,146.86 from the Art In-Lieu Fee in the General Fund, for artwork within the Jollyman AIPG CIP project;
2. Adopt Resolution No. 23-050 (Attachment A) approving budget modification no. 2223-274 increasing appropriations and revenue by $338,146.86 in the Capital Improvement Program Capital Projects Fund and increasing appropriations in the General Fund to transfer out restricted funds for the Jollyman All-Inclusive Playground Project (420-99-051, PVAR 007); and
3. Authorize the City Manager to execute any necessary contract amendments for a contingency of $100,489 for a total contract amount of $490,000 on the professional design services agreement between the City of Cupertino and MIG, Inc. for the Jollyman AIPG Project (Project 2019-15).