HomeMy WebLinkAboutReso 042-96 I580/I680ConnectorRESOLUTION NO. 42 - 96
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
APPROVING CONTRIBUTION TO THE
I-580/I-680 DIRECT CONNECTOR PROJECT
WHEREAS, the Voters of Alameda County approved Measure B in 1986 to
impose a 1/2 centSales tax increase to fund specific street and freeway improvement
projects; and
WHEREAS, under Measure B the Alameda County Transportation Authority has
the responsibility for ensuring that the funds raised from the increased sales tax are spent
according to the terms approved by the voters; and
WHEREAS, one of the projects to be constructed with the Measure B Funds was
improvement of the 1-580/1-680 Interchange originally estimated at a total cost of $54
million, of which $10 million was designated to come from local sources; and
WHEREAS, the total estimated costs of the 1-580/1-680 Interchange has increased
to $119.7 million of which the local match requirement remains fixed at $10 million; and
WHEREAS, the City of Dublin has previously contributed $111,700 of funds with
local sources in order to advance construction of the west to north ramp of the 580/680
Interchange; and
WHEREAS, the City of Dublin agrees that the City of Dublin like other agencies
in the Tri-Valley area will benefit from the proposed 1-580/1-680 Interchange
Improvements; and
WHEREAS, the City of Dublin agrees that its lair share of funding of the
remaining Local Match for 1-580/1-680 is $1,926,800.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Dublin does hereby resolve to pay its remaining fair share of $1,926,800 of the $10
million Local Matching Share required under Measure B for the 1-580/1-680 Direct
Connector Project to the Alameda County Transportation Authority.
BE IT FURTHER RESOLVED that the City Manager is hereby directed to work
with the Alameda County Transportation Authority to develop an agreement to provide
for a payment schedule that is mutually acceptable to both agencies.
PASSED, APPROVED AND ADOPTED this 9th day of April, 1996, by the
following vote:
AYES:
NOES:
Councilmembers Barnes, Burton, Moffatt and Mayor Houston
None
ABSENT: Councilmember Howard
ABSTAIN: None
ATTE
Mayor
K2/g/4-9-96/resoacta. doc