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HomeMy WebLinkAboutReso 023-01 AlaCoCMA I580TassajRESOLUTION NO. 23 - 01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN AGREEMENT WITH ALAMEDA COUNTY CONGESTION MANAGEMENT AGENCY FOR LOCAL FUND EXCHANGE FOR THE 1-580/TASSAJARA ROAD INTERCHANGE IMPROVEMENT PROJECT WHEREAS, the Alameda County Congestion Management Agency (CMA) recently adopted a funding exchange program to provide local funds for projects that either do not have the ability to make use of State/Federal funds or projects that would face unacceptable delays if State/Federal funds are used; and WHEREAS, the City of Dublin has been working on the design of the Interstate 580/Tassajara Road Interchange Improvement project which is scheduled to start construction in September 2001; and WHEREAS, in August 2000, the Council of the City of Dublin authorized Staff to pursue an exchange of funds with the CMA for the interchange project and authorized the Director of Public Works to negotiate such exchange; and WHEREAS, the CMA has approved $4,700,000 in 2000 State Transportation Improvement Program (STIP) funds in connection with the local fund exchange; and WHEREAS, this agreement would require the City of Dublin to pay the CMA $4,230,000 of local funds equally over a 17-month period starting September 1, 2001, coinciding with the construction of the project. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby approve the agreement with the Alameda County CMA for local fund exchange for the Interstate 580/Tassajara Road Interchange Improvement Project. PASSED, APPROVED AND ADOPTED this 20th day of February, 2001. AYES: Councilmembers Lockhart, McCormick, Oravetz, Zika and Mayor Houston NOES: None ABSENT: None ABSTAIN: None K2/G/2'20'01/res°2~d~ g:miscprofiI-580-Tass~Reso-CMA Local Fund Exchange Agrnt Mayor