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HomeMy WebLinkAboutReso 120-02 AlaCoTranI580Tassaj RESOLUTION NO. 120 - 02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN AGREEMENT WITH ALAMEDA COUNTY SURPLUS PROPERTY AUTHORITY FOR LOCAL FUND EXCHANGE FOR THE I-580/TASSAJARA ROAD INTERCHANGE IMPROVEMENT PROJECT WHEREAS, the City of Dublin is currently constructing the I~580/Tassaj ara Road Interchange Improvement project; and WHEREAS, in August 2000, the Council of the City of Dublin authorized Staff t0 pursue an exchange of funds for the interchange project and authorized the Director of Public Works to negotiate such exchange; and WHEREAS, the Alameda County Surplus Property Authority (Alameda County) requested an exchange with the City of Dublin of $3.0 million of federal TEA~21 funds allocated for the East Dublin BART Parking Garage project with local funds programmed for the interchange project; and WHEREAS, the City will pay Alameda County an amount equal to ninety percent (90%) of the federally approved amount as federal funds are received by Dublin, up to $2.7 million in local funds; and WHEREAS, these local funds, which are not subject to federal requirements, will be used by the Authority for the East Dublin BART Station Parking Garage project; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby approve the agreement with the Alameda County Surplus Property Authority for local fund exchange for the 1-580/Tassaj ara Road Interchange Improvement Project. PASSED, APPROVED AND ADOPTED this 16th day of July, 2002. AYES: Councilmembers McCormick, Oravetz, Sbranti and Zika, and Mayor Lockhart NOES: None ABSENT: None ABSTAIN: None Deputy City Clerk K2/G/7- 16-02/reso-acspa.doc (Item 4.4) g:miscprojlI-580- Tass tReso-A CSPA Local Fund Exchange ,~gmt