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HomeMy WebLinkAbout1994-02-22 - RESOLUTIONS - LOCAL STREETS AND ROADS FUNDS (2)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 AUTHORIZEID-UNDER 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 reeds have been satisfied; and WHEREAS, the City of Santa CIarita has met it's unmet public transportation needs through an agreement with the Los Aiigelea County Metropolitan Transportation Authority to provide public transportation in flic City of Santa Clarita; and WHEREAS, the City of Santa Clarita desires to use the remaining portion of its allocation of Transportation Development Act funds for minor street and road improvements. NOW, THEREFORE, THE CITY COUNCIL OF THE CITE; 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 22nd day of February , 1994. A ST: STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES > SS CITY OF SANTA CLARITA ) I, Donna M. Grindev, City Clerk, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at A•7dgular meeting thereof, held on the 22nd day of February , 19jk__, by the following vote of the Council: AYES: NOES: COUNCILMEMBERS: COUNCILMEMBERS: Boyer, Darcy, Beidt, Pederson None ABSENT: COUNCILMEMBERS: Klajic N14apn.lah TOA ARMCCE 8(a) (PJC 99400) CLAIM FCM FY 1993-94 Steve Stark, Director of Finance City of Santa Clarita PAY FECIRECIPIERr: Srave Stark, Director of Finance (805) 255-4920 ADDRESS. 23920 West Valencia Blvd., Suite 303 Santa clarita, CA 91355 SEND CHECK TO: Steve Stark, Director of Finance Name aryl Title r �• o+My I �pdwlz I QI • a. 2 n • Payment frcm FY 1993-94 Funds $ 2,295,141 Payment from Prior -Year Reserves $ Reserve for Future Payment CONDITION OF APPROVAL: Approval of this claim and payment to the County 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. •❑ $ 2,295,141 N Steve Stark, Director of Finance Print Name and Title '2 -aa -9-/ Date r CIAIMANP: City of Santa Clarita TDA ARTICLE 8 REVENUES & EXPENSES OF CLAIIMAMr FY 1992-93 FY 1993-94 Actual Proposed Beginning 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 TOTAL REVENUE (stun of lines 2 & 3) Expenditures: 4) 2,880,529 2,422,341 Refunds to OF Account 5) Construction/Maintenance 6) 1,021,922 8,138,667 'IC7M EXPENDI UFM (sum of lines 5 & 6) 7) 1,021,922 8,138,667 End of Year Balance: (Line 1 plus line 4, minus line 7) 8) 10,660,522 4,944,196 I verify that the information on this financial reporting form is true and accurate to the best of my knowledge. Signed: