HomeMy WebLinkAboutReso 2001-253 RESOLUTION NO. 2001-253
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROPRIATING $65,000 FROM THE
INTERIM STATE ROUTE-125 (SR-125) DEVELOPMENT
IMPACT FEE (DIF) FUND TO THE SR-125 FRANCHISE
REVIEW CAPITAL IMPROVEMENT PROGRAM PROJECT
(STM-348)
WHEREAS, on November 7, 2000, the City Council authorized staff to enter into an
agreement with Vollmer Associates LLP to conduct a "peer" review of information used by
California Transportation Ventures, Inc. (CTV) in making traffic and revenue projections for the
SR-125 Toll Road Facility; and
WHEREAS, further Council authorized staff to enter into an agreement with
Infrastructure Management Group, Inc. to conduct a financially based appraisal of the SR-125
Franchise; and
WHEREAS, due to circumstances beyond the consultants and City's control, these items
have not been made available by those parties and amendments to the agreements need to be
approved; and
WHEREAS, the total additional costs for the amendments to the agreements is $65,000;
and
WHEREAS, the funding source for this work is the Interim SR-125 DIF Fund 592.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista does hereby appropriate $65,000 from the Interim SR-125 DIF Fund to the SR-125
Franchise Review CIP Project (STM-348).
Presented by Approved as to form by
Public Works Director omey
Resolution 2001-253 -
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
Califomia, this 7th day of August, 2001, by the following vote:
AYES: Councilmembers: Davis, Padilla, Salas and Horton
NAYS: Councilmembers: Rindone
ABSENT: Councilmembers: None
Shirley Hortb,/~ayor
ATTEST:
Susan Bigelow, City Clerk
STATE OF CALIFORNIA ) -
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, Califomia, do hereby certify that the foregoing
Resolution No. 2001-253 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 7th day of August, 2001.
Executed this 7th day of August, 2001.
Susan Bigelow, City Clerl~