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HomeMy WebLinkAbout2004-06-08; City Council; Resolution 2004-1801 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 2004-180 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING AN AGREEMENT FOR FUIND EXCHANGE WITH THE CITY OF SAN DIEGO FOR CONSTRUCTION OF RANCHO SANTA FE ROAD, PHASES 1 AND 2, PROJECT NOS. 31 90 AND 3907. WHEREAS, the City Council of the City of Carlsbad, California, considers it necessary and in the public interest to approve the agreement for fund exchange with the City of San Diego for Rancho Santa Fe Road, Phases 1 and 2, Project Nos. 3190 and 3907; and WHEREAS, the City of Carlsbad agrees to exchange local funds for Regional Surface Transportation Program funds with the City of San Diego in the interest of further developing the regional transportation system; and WHEREAS, the purpose of the transfer is to advance the City of San Diego's regional transportation projects; and WHEREAS, SANDAG approved this fund exchange under Amendment No. 1 to the RTlP on September 27, 2002 for the City of San Diego Carroll Canyon Road Improvements project and Amendment No. 2 to the RTlP on November 22,2002 for the City of San Diego Genesee Avenue, 1-5 to Campus Point project; and WHEREAS, based on the bids awarded for Rancho Santa Fe Road an exchange of approximately $6.6 million is anticipated and a maximum amount of $8.401 million is possible; and WHEREAS, the agreement for fund exchange with the City of San Diego for Rancho Santa Fe Road, Phases 1 and 2, Project Nos. 3190 and 3907 has been prepared and submitted hereto. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. Ill VI '11 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2. That the agreement for fund exchange with the City of San Diego for Rancho Santa Fe Road, Phases 1 and 2, Project Nos. 3190 & 3907 is hereby approved and the Mayor is authorized and directed to execute said agreement. PASSED, APPROVED AND ADOPTED at a regular meeting of the Carlsbad City Council , 2004 by the following vote, to wit: held on the 8th day of June ATTEST: LORRAINE M. WWD, City Clerk ' Resolution No. 2004-180 Page Two (SEAL)