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HomeMy WebLinkAbout90-79 - Jamboree Road Traffic Signal Interconnect• RESOLUTION NO. 90- 79 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 THE JAMBOREE ROAD TRAFFIC SIGNAL INTERCONNECT. 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 program includes OCUTT funds in fiscal year 1989 -90 for a traffic signal interconnect project on Jamboree Road from Bayview Way to Birch Street; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Newport Beach hereby requests the Orange County Transportation Commission allocate $1,687.50 for design and construction engineering and $6,750.00 for construction for a total of $8,437.50 in OCUTT funds to the City. This request is in conformance with the OCUTT allocation process and does not exceed ninety (90) percent of the programmed amount for construction engineering or ninety (90) percent of the OCUTT share of the construction contract. BE IT FURTHER RESOLVED that the City of Newport Beach has agreed to fund its share of the improvement costs in fiscal year 1989 -90 and any additional costs over the programmed OCUTT amount of $8,437.50. BE IT FURTHER RESOLVED that the City of Newport Beach has awarded the contract for the project on June 25, 1990 for $15,000.00. BE IT FURTHER RESOLVED that the City of Newport Beach has (1) designed the project improvements in accordance with the City's design standards, (2) acquired right -of -way for the project in conformance with the City's policies and procedures, and (3) completed and certified all required environmental documentation for the project. BE IT FURTHER RESOLVED that 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. ADOPTED this 23rd day of July, 1 -.990./ �4MXS.t„+d.. ` 7' Mayor