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HomeMy WebLinkAbout91-74 - Jamboree Road Rehabilitation from Back Bay Drive to Ford Road• RESOLUTION NO. 91 -74 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH REQUESTING THE ORANGE COUNTY TRANSPORTATION COMMISSION TO ALLOCATE ORANGE COUNTY UNIFIED TRANSPORTATION TRUST ( OCUTT) FUNDS FOR JAMBOREE ROAD REHABILITATION FROM BACK BAY DRIVE TO FORD ROAD WHEREAS, Chapter 1512, Statutes of 1985 allows the Orange County Transportation Commission to allocate funds from the rapid transit reserve to local agencies for the improvement, construction, or repair of local streets and roads; and WHEREAS, the Orange County Transportation Commission approved a OCUTT Streets and Roads Program on May 31, 1990, covering fiscal year 1990 -91; and WHEREAS, the program includes $500,000 in fiscal year 1990- 91 for a rehabilitation project on Jamboree Road from Back Bay Drive to Ford Road (the "project "); WHEREAS; the City of Newport Beach has agreed to fund its share of the project improvement costs in FY 1990 -91 and any additional costs over the programmed OCUTT amount of $500,000. WHEREAS; the City of Newport Beach awarded the contract for the project on June 24, 1991, for $758,815. WHEREAS; (1) the City of Newport Beach has designed the project improvements in accordance with the City's design standards and completed and certified all required environmental documentation for the project. (2) the remaining ten (10) percent in OCUTT funds will be transferred to the City of Newport Beach when construction is completed and a final report on the project is accepted by the Orange County Transportation Commission. The City of Newport Beach agrees to submit the final report to the Orange County Transportation Commission within ninety (90) days after the City's acceptance of the improvements. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach as follows: The City Council of the City of Newport Beach hereby requests the Orange County Transportation Commission allocate • • $25,943 for contingency co; total of $367,410 in OCUTT conformance with the OCUTT ninety (90) percent of the contingency cost or ninety construction contract. ;t and $341,467 for construction for a funds to the City. This request is in allocation process and does not exceed programmed amount for construction and (90) percent of the OCUTT share of the Adopted this 24th day of June ,1991 ja MAYOR