HomeMy WebLinkAboutReso - CC - 133-2020DocuSign Envelope ID: C441115C-E1A2-49B8-951B-E91160B97D41
RESOLUTION NO. 133-2020
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME AUTHORIZING
THE CITY MANAGER TO EXECUTE A MEMORANDUM OF UNDERSTNADING WITH THE
CITY OF SARATOGA TO PURCHASE RULE 20A CREDITS FOR UTILITY
UNDERGROUNDING WORK ON EL CAMINO REAL
WHEREAS, for several years, the City and Caltrans have been working collaboratively on
a project to renew and rehabilitate El Camino Real in order to address safety and infrastructure
rehabilitation needs, while considering traffic, pedestrian, utilities, drainage, and historic
Eucalyptus Grove preservation concerns; and
WHEREAS, undergrounding overhead utilities in conjunction with the Caltrans work will
be a critical component of the overall project; and
WHEREAS, on June 17, 2019, the City Council established the El Camino Real
Underground Utility District 2019-1 to initiate proceedings for implementing an undergrounding
project on El Camino Real; and
WHEREAS, the establishment of an underground district qualifies the City to utilize PG&E
Rule 20A credits to fund a portion of the undergrounding project, which is estimated to cost $25
million to $30 million; and
WHEREAS, the City currently has approximately $6.5M in work credits through the PG&E
Rule 20A program; and
WHEREAS, one way to secure the remaining funds for the project is through the purchase
of Rule 20A credits from another community; and
WHEREAS, City staff has reached agreement with City of Saratoga staff to purchase
Saratoga's $4,027,766 in credits at a discounted price of $1,208,330, or $.30/credit, which is a
savings of over $800,000 from the price the City was contemplating offering other jurisdictions
earlier this year; and
WHEREAS, in order to initiate this transfer, the Burlingame and Saratoga City Councils
must adopt a Memorandum of Understanding, which the Saratoga City Council will consider at its
meeting on October 21; and
WHEREAS, should the El Camino Real Renewal Project not come to fruition, staff
believes that there are other streets in the city that could qualify for the use of Rule 20A funds.
NOW, THEREFORE, the City Council of the City of Burlingame Resolves As Follows:
DocuSign Envelope ID: C441115C-E1A2-49B8-951B-E91160B97D41
1. The City will purchase the City of Saratoga's Rule 20A credits at a discounted price of
$1,208,330, or $.30/credit.
2. The City Manager is authorized to execute the Memorandum of Understanding with
the City of Saratoga.
3. The City Council authorizes the use of the City's Capital Investment Reserve funds for
this purpose.
DocuSigned by:
D066C125928D48D...
Emily Beach, Mayor
I, Meaghan Hassel -Shearer, City Clerk of the City of Burlingame, certify that the foregoing
Resolution was introduced at a regular meeting of the City Council on the 19th day of October,
2020, and was adopted thereafter by the following vote:
AYES: Councilmembers: BEACH, BROWNRIGG, COLSON, O'BRIEN KEIGHRAN, ORTIZ
NOES: Councilmembers: NONE
ABSENT: Councilmembers: NONE
"D"ocuSigned b//y:
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Meaghan Hassel -Shearer, City Clerk