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HomeMy WebLinkAbout11-016 - Resolutions RESOLUTION NO. 11-016 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, COMMITTING THE CITY TO A MINIMUM 101/6 LOCAL MATCH OF TOTAL CONSTRUCTION COST FOR THE PACIFIC ELECTRIC TRAIL/DAY CREEK CHANNEL TRAIL CONNECTION PROJECT WHEREAS, the City of Rancho Cucamonga is eligible will submit a Bicycle Transportation Account grant application to the State of California for the funding of construction costs associated with the Pacific Electric Trail/Day Creek Channel Trail Connection Project, and; WHEREAS, the City of Rancho Cucamonga has estimated the total construction cost of said improvements to be $250,000; and WHEREAS, the City of Rancho Cucamonga has identified in the grant application to be submitted to the State a local match by the City of Rancho Cucamonga equal to a minimum of 10% of the total construction costs, or$25,000.00; WHEREAS, said 10% local match for a Bicycle Transportation Account grant equal to$225,000.00, resulting in a total funding for said project equal to $250,000.00; NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Rancho Cucamonga, California, hereby resolves to commit the City to a Bicycle Transportation Account grant match of 10% of the construction costs of said project, up to $25,000. The City Council does reserves the right to exceed, on its authority, said 10% local match, should a grant amount greater than $225,000 be awarded to the City of Rancho Cucamonga. Please see the following page for Forma/adoption,certification and s/gnat n PASSED, APPROVED, AND ADOPTED this 2"d day of February 2011. AYES: Alexander, Buquet, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None L. Dennis Michael, Mayor ATTEST: ice C. Reynolds, City elerk I, JANICE C. REYNOLDS, 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 2nd day of February 2011. Executed this 3`d day of February 2011, at Rancho Cucamonga, California. , ice C. Reynolds, City rk Resolution No. 11-016 - Page 2 of 2