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HomeMy WebLinkAbout11-084 - Resolutions RESOLUTION NO. 11-084 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, COMMITTING THE CITY TO A 50% 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 Transportation Development Act (TDA) — Article 3 grant application to the San Bernardino Associated Governments (SANBAG) 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 $250,000.00; and WHEREAS, the City of Rancho Cucamonga has identified in the grant application to be submitted to SANBAG a local match by the City of Rancho Cucamonga equal to 50% of the total construction costs, or $125,000.00 WHEREAS, said 50% local match for a Transportation Development Act (TDA) —Article 3 grant equal to $125,000.00, 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 Transportation Development Act (TDA) — Article 3 grant match of 50% of the construction costs of said project, up to $125,000.00. The City Council does reserves the right to exceed, on its authority, said 50% local match, should a grant amount greater than $125,000.00 be awarded to the City of Rancho Cucamonga. Please see the Mewing page for formal adoption,celcation and signatures PASSED, APPROVED, AND ADOPTED this 15`h day of June 2011. AYES: Alexander, Buquet, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None L. Dennis Michael, Mayor ATTEST: e. nice C. Reynolds, City glerk 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 15'h day of June 2011. Executed this 16`h day of June 2011, at Rancho Cucamonga, California. J rice C. Reynolds, City Clerk Resolution No. 11-084 - Page 2 of 2