Title:
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Pavement Preservation Program Acceleration Measure
Discussion/Action. A measure directing the County Administrator and staff to proceed with the sale of $50 million in Certificates of Participation, which will result in a total of $85 million being available for the Pavement Preservation Program in FY 2021-22. Doing so will accelerate the repair of approximately 130 more miles of local roads than was originally planned. This measure is aligned with Board Policy D 22.12 (General Fund Capital Improvement Fund Pay-As-You-Go Program). It also authorizes the Department of Transportation to immediately begin to select the roads that will be covered and to make all other necessary arrangements. Also authorize the Procurement Director to execute any and all contracts, amendments and change orders to the contracts that are a result of the bid process for the program, provided that the combined not-to-exceed amount of the contracts does not exceed $85,000,000.00. (District 1)
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