HomeMy WebLinkAbout1994-02-22 - AGENDA REPORTS - TDA ARTICLE 8 FUNDS (2)CONSENT CALENDAR
DATE:
SUBJECT:
DEPARTMENT:
BACKGROUND
AGENDA REPORT
City Manager Appr/OiK-
Item to be presented by:
February 22, 1994
TDA Article 8 Funds
Resolution 94-14
Finance
Steve Stnrk 55 -
Annually a request is made by the City Council to the Los Angeles County Metropolitan
Transportation Authority (MTA) for the City's allocation of Transportation Development Act
(TDA) Article 8 funds. Under Article 8 of the Transportation Development Act, cities must
use the County's Local Transportation funds to meet local transit needs. Once local transit
needs have been satisfied, the funds may be used for street and road improvements. The
City's allocation of TDA Article 8 funds for the 1993-94 fiscal year is $2,295,141.
Staff has prepared Resolution No. 94-14, which serves as a formal
Council to the MTA that the City wishes to apply for all TDA Article
City of Santa Clarita.
RECOMMENDATIONS
That the City Council approve Resolution 94-14
ATTACHMENTS
Resolution 94-14
TDA Article 8 Claim Form
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Adopfed.---�
request from the City
8 funds available to the
I
A ujz-1,1-3 I I eRV-1
RESOLUTION NO. 94-14
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA CLARITA, CALIFORNIA,
APPROVING THE APPLICATION FOR LOCAL STREETS
AND ROADS FUNDS AUTHORIZBaIJNDER ARTICLE 8
OF THE TRANSPORTATION DEVELOPMENT ACT,
WHEREAS, Article 8 of the Transportation Development Act provides that cities can
use eligible funds of the County's Local Transportation Fund for local streets and road
expenditures when the City's unmet transportation needs have been satisfied, and
WHEREAS, the City of Santa Clarita has met it's unmet public transportation needs
through an agreement with the Los Angeles County Metropolitan Transportation Authority
to provide public transportation in the City of Santa Clarita; and
WHEREAS, the City of Santa Clarita desires to use the remaining portion of its
allocation ofTranspor-tation Development Act funds for minor street and road improvements.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. To authorize.Steve Stark, Director of Finance as the City's authorized
signature and designated contact person.
SECTION 2. To apply for all funds available to the, City of Santa Clarita allocated for
local street and road improvements.
PASSED, APPROVED AND ADOPTED this - day of 1994.
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS
CITY OF SANTA CLARITA
I, Donna M. Grindey, City Clerk, do hereby certify that the foregoing Resolution was duly adopted
by the City Council of the City of Santa Clarita at Ae"r�'gular meeting thereof, held on the
day of 1 19, by the following vote of the Council:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
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n
TM ARTICIE 8 (a) (PUC 99400) CLAIM FaM
FY 3993-94
CONrACT PERSON:
Steve Stark, Director of Finance
City of Santa Clarita
PAYMENT RECIPIENT:
Steve Stark, Director of Finance
ADDRESS:
23920 West Valencia Blvd., Suite 303
Santa Clarita, CA
SEND CHECK TO:
Steve Stark, Director of Finance
Name and Title
(805) 255-4920
Payment from FY 1993-94 Funds $ 2,295,141
Payment from Prior -Year Reserves $ 0
TCM PAYMENT RBWESTED $ 2,295,141
Reserve for Future Payment
00NDITION OF APPRDVAL* Approval of
this claim and payment to the comty
Auditor to this claimant are subject
to monies being available and to the
provisions that such monies will be
used only in accordance with the
Allocation Instructions.
ARTICLE. 8
TDA
Steve Stark, Director of Finance
Print Nam and Title
Date
I
CLAIMANT: City of Santa Clarita
v "O.W.1
I verify that the information on this f inancial reporting form is true and
accurate to the best of my knowledge.
Signed:
FY 1992-93
FY 1993-94
Actual
Proposed
Beginnim of Year Balance:
1)
8,801,915
10,660,522
Revenue:
Intergovernmental Allocations
2)
2,582,850
2,295,141
Interest
3)
297,679
127,200
TUrAL REVENUE (sum of lines 2 & 3)
E=enditures:
4)
2,880,�29
2,422,341
Refunds to MF Account
5)
ConstructiorVMainterarice
6)
1,021,922
81138,667
TOTAL EXPENDITURES (sum of lines 5 & 6)
7)
1,021,922
8,138,667
End of Year Balance:
8)
10,660,522
4,944,196
(Line 1 plus line 4, minus line 7)
I verify that the information on this f inancial reporting form is true and
accurate to the best of my knowledge.
Signed: