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HomeMy WebLinkAbout07-293 - Resolutions RESOLUTION NO. 07-293 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, APPROVING A LOCAL MATCH TO A POTENTIAL STATE OF CALIFORNIA BICYCLE TRANSPORTATION ACCOUNT FUND GRANT — FOR PHASE IVB OF THE PACIFIC ELECTRIC TRAIL, "RAILS TO TRAILS", FROM VINEYARD AVENUE TO AMETHYST AVENUE WHEREAS, the City of Rancho Cucamonga has submitted a Bicycle Transportation Account grant application to the State of California for the funding of construction costs associated with the improvement of Phase IVb of the Pacific Electric Trail. "Rails to Trails", from Vineyard Avenue to Amethyst (Project); and WHEREAS, the City of Rancho Cucamonga has estimated a total construction cost of said improvements to be $2,500,000, and WHEREAS, the City of Rancho Cucamonga has identified in the grant application submittal to the State a local match by the City of Rancho Cucamonga equal to 10% of the total construction costs, or $250,000, and WHEREAS, said 10% reflects a not to exceed match for a Bicycle Transportation Account grant equal to $2,250,000, resulting in a total funding for said project equal to $2,500,000; NOW, THEREFORE, 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 cost of said project, up to a not to exceed amount of $250,000. The City Council does reserve the right to exceed, on its authority, said 'not to exceed amount', should a grant amount greater than $2,250,000 be awarded to the City of Rancho Cucamonga. Please see the followingpage for formal adoption,certification and signatures Resolution No. 07-293 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 51h day of December 2007. AYES: Gutierrez, Kurth, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None V � Donald J. Kurth, ., Mayor ATTEST: Debra JlAdar4 s, CMC, 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 December 2007. Executed this 6'h day of December 2007, at Rancho Cucamonga, California. D bra J. AcTams, CIVIC, City Clerk