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RESOLUTION NO. 2011 -104 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />NEWPORT BEACH APPROVING THE SUBMITTAL OF <br />VARIOUS PROJECT APPLICATIONS TO THE ORANGE <br />COUNTY TRANSPORTATION AUTHORITY FOR FUNDING <br />UNDER THE COMPREHENSIVE TRANSPORTATION FUNDING <br />PROGRAM <br />WHEREAS, the City of Newport Beach desires to implement the <br />following four projects: <br />1. Coast Highway Widening at Old Newport Boulevard <br />2. Newport Boulevard Widening from Via Lido to 30th Street <br />3. Traffic Signal Modernization of the San Joaquin Hills Road Corridor (Phase 6 A) <br />4. Traffic Signal Modernization of the Newport Coast Drive Corridor (Phase 6B); <br />and <br />WHEREAS, the City of Newport Beach has been declared by the <br />Orange County Transportation Authority to meet the eligibility requirements to receive <br />Measure M "Fair Share" funds; and <br />WHEREAS, the City Council of the City of Newport Beach has adopted a <br />General Plan Circulation Element that is consistent with the County of Orange Master <br />Plan of Arterial Highways; and <br />WHEREAS, the City of Newport Beach will provide matching funds for <br />the project as required by the Orange County Comprehensive Transportation Funding <br />Program Procedures Manual; and <br />