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HomeMy WebLinkAboutReso 1993-17010 RESOLUTION NO. 17010 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING PAYMENT TO METROPOLITAN TRANSIT DEVELOPMENT BOARD FOR THE INITIAL CITY SHARE OF THE COST OF THE MAIN STREET UNDERPASS PROJECT WHEREAS, on December 14, 1989, the City indicated to the Metropolitan Transit Development Board in a letter that Chula Vista was willin9 to pay 104 of the cost of the Main Street Underpass Project; and, WHEREAS, this indication was affirmed by Council on February 27, 1990 by passage of Resolution 15537, which approved the expenditure of $600,000 for this purpose; and, WHEREAS, Resolution 15575 authorized the expenditure of an additional $150,000 for the construction of street improvements under the bridge and was approved on April 3, 1990; and, WHEREAS, the total City cost for participation in the undercrossing project and the street improvement work is anticipated to amount to approximately $632,000 ($403,000 for the bridge and $229,000 for the street); and, WHEREAS, the currently requested payment of $330,000 is approximately 524 of the higher probable cost and 444 of the original estimated cost; and, WHEREAS, it appears that the City will owe MTDB at least an additional $300,000 before final accounting is accomplished; and, WHEREAS, the 1990-91 Capital Improvement Program included $750,000 in Transnet funds for this work, which funds were received in July 1990, and the City additionally received a check from the State on February 4, 1993 for $214,043 in matchin9 funds from the State/Local Transportation Partnership Program; and, WHEREAS, staff will return to Council for approval of future payments under a proposed agreement with MTDB or a single final payment in the event that the project is finalized before the agreement is completed. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby authorize payment of $330,000 to Metropolitan Transit Development Board for the initial City share of the cost of the Main Street Underpass Project. Presented by Appro as~~,~ DirectorL~PiP~s City Attor~aard ~ \ Resolution No. 17010 Page 2 PASSED, APPROVED and ADOPTED by the City Council of the City of Chula Vista, California, this 2nd day of March, 1993, by the following vote: YES: Councilmembers: Fox, Moore, Rindone, Nader NOES: Councilmembers: None ABSENT: Councilmembers: Horton ABSTAIN: Councilmembers: None Na~r, Mf~ayor~ul ATTEST: Beverl~k~yA~Aut~elet, City Cl~rk 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. 17010 was duly passed, approved, and adopted by the City Council held on the 2nd day of March, 1993. Executed this 2nd day of March, 1993. ......... I !1