HomeMy WebLinkAbout2008-38 - Proposition 1B FundsRESOLUTION NO. 2008 - 38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH AUTHORIZING THE SUBMITTAL OF A
FUNDING PROPOSAL TO THE CALIFORNIA DEPARTMENT OF
FINANCE (DOF) FOR THE CITY TO RECEIVE ITS FY 2007 -2008
ALLOCATION OF PROPOSITION 1B LOCAL STREETS AND
ROADS IMPROVEMENT, CONGESTION RELIEF, AND TRAFFIC
SAFETY ACCOUNT FUNDS
WHEREAS, the Highway Safety, Traffic Reduction, Air Quality, and Port
Security Bond Act of 2006, approved by the voters as Proposition 1 B in November
2006, included $2 billion for cities and counties to fund the maintenance and
improvement of local transportation facilities; and
WHEREAS, the California Budget Act, ch. 172, Stats 2007 (SB 78) appropriates
a total of $950 million of these funds in 2007 -08. Of this amount $550 million will be
allocated to cities based on population; and
WHEREAS, the Citys population share of the statewide total is $1,354,589; and
WHEREAS, the Public Works Department recommends that the Corona del Mar
street rehabilitation project be submitted for the Proposition 1B Local Street and Road
Maintenance Funds; and
WHEREAS, the cost estimate for this project is $3,308,000 with funding included
in the proposed Capital Improvement Program budget for FY 2008 -2009.
NOW, THEREFORE, BE IT RESOLVED that the Council of the Newport Beach
authorizes the Department of Public Works to submit a funding proposal to the
California Department of Finance (DOF) for the City to receive its FY 2007 -2008
allocation of Proposition 16 Local Streets And Roads Improvement, Congestion
Relief, And Traffic Safety Account Funds for the following project:
Corona del Mar Street Rehabilitation: Street resurfacing including replacement
of damaged portions of curb, gutter and sidewalk in the residential area of
Corona del Mar generally bounded by Avocado Avenue, East Coast Highway
and Bayside Drive; Bayside Drive between Jamboree Road and El Paseo Drive;
and Dove Street between Campus Drive and Birch Street.
BE IT FURTHER RESOLVED that the DOF allocation of $1,354,589 be
recognized as revenue to be received in the FY 2008 -2009 fiscal year.
ADOPTED THIS 27TH DAY OF MAY. 20C
ATTEST:
STATE OF CALIFORNIA }
COUNTY OF ORANGE
CITY OF NEWPORT BEACH }
I, LaVonne M. Harkless, city Clerk of the City of Newport Beach, California, do
hereby certify that the whole number of members of the City Council is seven; that the foregoing
resolution, being Resolution No. 2008 -38 was duly and regularly introduced before and adopted by
the City Council of said City at a regular meeting of said Council, duly and regularly held on the
27th day of May 2008, and that the same was so passed and adopted by the following vote, to wit:
Ayes: Henn, Rosansky, Daigle, Webb, Curry, Gardner, Mayor Selich
Noes: None
Absent: None
Abstain: None
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
official seal of said City this 28th day of May 2008.
(Seal)
City Clerk
Newport Beach, California