Discussion and possible action on any and all matters regarding Resolution No. 2315.  A resolution of the Mayor and City Council of the City of San Luis approving an amendment to the intergovernmental agreement among the State of Arizona, the County of Yuma, and the City of San Luis for the Senate Bill 1490 appropriation to be allotted directly to the City of San Luis for Cesar Chavez Boulevard roadway improvement; repealing any conflicting provisions; and providing for severability.  (Jenny Torres, Acting City Manager)

The State of Arizona passed Senate Bill 1490 appropriating $33 million to the Department of Transportation (ADOT) to distribute to Yuma County to construct, widen, repair, and upgrade Cesar Chavez Boulevard in the City of San Luis on June 30, 2022. At the regular council meeting of November 22, 2022, the City Council adopted Resolution No. 2239 approving an intergovernmental agreement between the City of San Luis, Yuma County, and ADOT, agreeing for the State to administer the project on behalf of the City of San Luis and for ADOT to retain the appropriated funding for administrative purposes. During a discussion among all three entities, it was recommended to consider allotting the $33 million directly to the City in order to secure the funding and place it in a local savings investment pool account where it can generate interest. Amendment No. One will be presented to the Yuma County Board of Supervisors at their board meeting on June 3, 2024. The City expects this amendment to be approved and is requesting the council to authorize the Mayor to sign the amendment as presented.