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HomeMy WebLinkAbout02-186 - Resolutions RESOLUTION NO. 02-186 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, CERTIFYING PROJECT BUDGET, LOCAL FUNDING COMMITMENT, SUPPLEMENTAL FUNDS, AND PUBLIC LIBRARY OPERATION WHEREAS, the City of Rancho Cucamonga is applying for funding for the new library facility under the California Reading and Literacy Improvement and Public Library Construction and Renovation Bond Act of 2000, WHEREAS, the Library Bond Act regulations require the City Council to certify and approve all elements of the Project application being submitted for funding, WHEREAS, the City understands that they have to certify all aspects of the application, and pass a resolution to that effect, WHEREAS, all these certifications and approvals must be done before the application can be submitted and considered for approval, NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF RANCHO CUCAMONGA that the City of Rancho Cucamonga (a) makes a commitment to provide the local matching fund amount identified in the project budget, as required by Education Code section 19995(a), including and identifying the amounts to be credited to local matching funds pursuant to section 19995(c) and (d) in the amount of$4,174,524; (b) makes a commitment to provide supplemental funds necessary to complete the project at the level stated in the project budget, in the amount of$14,846,963; (c) certifies that the local matching and supplemental funds specified will be available when needed to meet cash flow requirements for the project; (d) certifies the accuracy and truthfulness of all information submitted in the Application Form and the required supporting documents; (e) certifies the project budget as stated in the application in the amount of $26,774,175; (f) makes a commitment to operate the completed facility and provide public library direct service, unless the public library shall be operated in whole by a jurisdiction other than the applicant; (g) and makes the commitment that the facility shall be dedicated to public library direct service use for a period of 40 years following the completion of the project, regardless of any operating agreements the applicant may have with other jurisdictions or parties; NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Rancho Cucamonga agrees to the above commitments, conditional upon receiving a full grant award from the California Reading and Literacy Improvement and public Library Construction and Renovation Bond Act of 2002. Resolution No. 02-186 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 5th day of June 2002. AYES: Alexander, Biane, Curatalo, Williams NOES: None ABSENT: Dutton ABSTAINED: None William J lexander, ayor ATTEST: Debra J. Adam MC, City Clerk I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby certify that the foregoing Resolution was duly passed, approved and adopted by the City Council of the City of Rancho Cucamonga, California, at a Regular Meeting of said City Council held on the 5th day of June 2002. Executed this 6`h day of June 2002, at Rancho Cucamonga, California. Debra J. Adam MC, City Clerk