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HomeMy WebLinkAbout2008-05-20; City Council; Resolution 2008-152Exhibit 2 1 RESOLUTION NO. 2008-152 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF 3 CARLSBAD, CALIFORNIA, APPROVING THE PROPOSITION 1B 4 SPENDING PLAN. 5 6 7 WHEREAS, the Budget Bill (SB78) included a $600 million appropriation for 8 cities and counties from the Local Street and Roads Account contained in Proposition 9 1B, the Transportation Bond, and SB88, the trailer bill, provided for the implementation 10 of Proposition 1B and included an additional appropriation of $350 million for a total of 11 $950 million available for cities and counties for eligible street and road projects; and 12 WHEREAS, the City of Carlsbad will receive an allocation of approximately $3.1 13 million for eligible street and road projects, including pavement management projects; 14 and 15 WHEREAS, the City of Carlsbad plans to use the $3.1 million bond fund 16 allocation for pavement management expenses incurred prior to the spending deadline 18 of June 30, 2011 and shown in the attached exhibit (Exhibit 1); and 19 WHEREAS, the City of Carlsbad must submit to the Department of Finance a list 20 of projects expected to be funded with these bond funds before an allocation is made. 21 // 22 // 23 „ 24 // 25 // 26 27 28 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 Exhibit 2 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. 2. That the City Council of the City of Carlsbad approves the spending plan, as shown in Exhibit 1, for the Proposition 1B allocation, and directs staff to proceed with the application of these funds. PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the 20tb day of May , 2008, by the following vote: AYES: Council Members Lewis, Kulcbin, Hall, Packard and Nygaard. NOES: None. ABSENT: None. ATTEST: LORRAINE M. WOOD, City Clerk <SEAL)