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HomeMy WebLinkAboutReso 1995-17933 RESOLUTION NO. 17933 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROPRIATING ADDITIONAL FUNDS FROM THE TRAFFIC SIGNAL FUND TO FUND THE CITY'S SHARE OF THE 1-805 AND OTAY VALLEY ROAD INTERCHANGE IMPROVEMENTS WHEREAS, The California Department of Transportation (CalTrans) has let a contract to re-construct the 1-805 and Otay Valley Road interchange, which includes two new traffic signals; and, WHEREAS, CalTrans has billed the City of Chula Vista per our agreement to share the costs which agreement was approved by Resolution 17360 on January 11, 1994; and, WHEREAS, CalTrans has tentatively scheduled the construction start date this month and has requested our share before beginning construction; and, WHEREAS, $89,300 of Redevelopment funds was originally budgeted for the project, however, due to the shortfall in Redevelopment funds and the availability of funds in the Traffic Signal Fund, staff is proposing to appropriate Traffic Signal Funds in lieu of RDA funds. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby appropriate $89,300 from the Traffic Signal Fund to replace the Redevelopmerit Funds originally budgeted to fund the City's share of the 1-805 and Otay Valley Road interchange improvements. Presented by Appr d as to f rm by ~"'~o Li~itt Bruce M. SoogaC Director of Public Works City Attorney Resolution No. 17933 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 20th day of June, 1995, by the following vote: YES: Councilmembers: Alevy, Moot, Padilia, Rindone, Norton NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Shirley H~rto%, Mayor ATTEST: STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 17933 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 20th day of June, 1995. Executed this 20th day of June, 1995. Beverly/1(. Authelet, City Clerk : I'fir