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HomeMy WebLinkAbout1998-10-27 - AGENDA REPORTS - TDA ARTICLE 8 FUNDS (2)AGENDA REPORT City Manager Approval Item to be presented by: LOOR 9D1w1[N1h011117;1.? DATE: October 27, 1998 SUBJECT: TDA ARTICLE 8 FUNDS RESOLUTION NO. 98-130 DEPARTMENT: Administrative Services City Council adopt Resolution No. 98-130, approving the application for local streets and roads funds authorized under Article 8 of the Transportation Development Act. BACKGROUND 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 1998-1999 fiscal year is $3,090,348. Staff has prepared Resolution No. 98-130,.which serves as a formal request from the City Council to the MTA that the City wishes to apply for all TDA Article 8 funds available to the City of Santa Clarita. ALTERNATIVE ACTION Other actions as determined by City Council. FISCAL IMPACT Receipt of annual TDA Article 8 allocation in the amount of $3,090,348 over 12 monthly payments of $257,529. ATTACHMENTS Resolution No. 98-130 SS.cMehds Adopted: Ag;_ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, CALIFORNIA, APPROVING THE APPLICATION FOR LOCAL STREETS AND ROADS FUNDS AUTHORIZED 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 needs have been satisfied; and WHEREAS, the City of Santa Clarita has met its unmet public transportation needs through its Transportation Department provision of public transportation in the City of Santa Clarita; and WHEREAS, the City of Santa Clarita desires to use its portion of its allocation of Transportation Development Act funds for the provision of pubic transportation services. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA does hereby resolve as follows: SECTION 1: To authorize Steve Stark, Director of Administrative Services, 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 , 1998. NI •' ATTEST: CITY CLERK RESOLUTION NO. 98-130 October 27, 1998 - Page 2 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) 3 CITY OF SANTA CLARITA ) I, Sharon L. Dawson, City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof, held on the _ day of ,1998, by the following vote of the Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: CITY CLERK SS:CM:hds ..61\.98130