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RESOLUTION NO. 2014 -96 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT <br />BEACH SUPPORTING AN APPLICATION BY THE CITY OF COSTA <br />MESA FOR THE ORANGE COUNTY TRANSPORTATION <br />AUTHORITY'S (OCTA) MEASURE M2 TRAFFIC SIGNAL <br />SYNCHRONIZATION PROGRAM FUNDING FOR THE FAIR DRIVE - <br />DEL MAR AVENUE - UNIVERSITY AVENUE STREET CORRIDOR <br />SYNCHRONIZATION PROJECT <br />WHEREAS, the Measure M2 Regional Traffic Signal Synchronization Program <br />targets over 2000 signalized intersections across Orange County to maintain traffic <br />signal synchronization, improve traffic flow, and reduce congestion across jurisdictions; <br />and <br />WHEREAS, the City of Newport Beach has been declared by the Orange County <br />Transportation Authority to meet the eligibility requirements to receive revenues as part <br />of Measure M2: and <br />WHEREAS, the City of Newport Beach has a currently adopted Local Signal <br />Synchronization Plan consistent with the Regional Traffic Signal Synchronization Master <br />Plan as a key component of the local agencies' efforts to synchronizing traffic signals <br />across local agencies' boundaries; and <br />WHEREAS, the City of Newport Beach will not use Measure M2 funds to <br />supplant Developer Fees or other commitments; <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NEWPORT <br />BEACH DOES RESOLVE AS FOLLOWS: <br />Section 1. The City Council supports the application by the City of Costa Mesa <br />for OCTA Measure M2 Traffic Signal Synchronization Program funding for the Fair <br />Drive -Del Mar Avenue - University Avenue Traffic Signal Synchronization Project. <br />