HomeMy WebLinkAboutReso 2005-163
RESOLUTION NO. 2005-163
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING THE RETURN OF
PREVIOUSL Y APPROPRIATED BICYCLE FACILITIES
(TDA) FUNDS AND APPROPRIATING EQUIVALENT
TRANSPORTATION SALES TAX (TRANSNET) FUNDS TO
CAPITAL IMPROVEMENT PROJECT STL298
WHEREAS, in Fiscal Year 2004, Council approved the creation of Capital Improvement
Project STL298 - Bay Boulevard Bike Path from E Street to F Street; and
WHEREAS, funds totaling $63,939 have been appropriated to the project budget from
the Bicycle Facilities (TDA) Fund; and
WHEREAS, SANDAG awarded the City TransNet Bicycle Funds in place of TDA funds
for this proj ect; and
WHEREAS, funds have been received by the City from SANDAG and deposited into the
Bicycle Facilities (TDA) fund; and
WHEREAS, it is now necessary to transfer the funds received to date and the interest
earnings on those funds to the Transportation Sales Tax (TransNet) fund, and modify the project
budget to reflect the correct funding source.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula
Vista, hereby authorizes the appropriation of $63,939 to Capital Improvement Project STL298
from the TransNet fund, the return of $63,939 from this project to the available balance of the
Bicycle Facilities (TDA) fund, and the transfer of $7,100 in funds received and $90 in interest
earnings to date from the Bicycle Facilities fund to the TransNet fund.
Presented by
Approved as to form by
~L!~~
~ohaib AI-Agha
City Engineer
~~
Ann Moore
City Attorney
Resolution No. 2005-163
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 24th day of May, 2005, by the following vote:
AYES:
Councilmembers:
Castaneda, Davis, McCann, Rindone and Padilla
NAYS:
Councilmembers:
None
ABSENT:
Councilmembers:
ATTEST:
-:: ~ .{ J t1 t t -:::=S:~ d rJ. J
Susan Bigelow, MMC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2005-163 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 24th day of May, 2005.
Executed this 24th day of May, 2005.
.- ~w.. tf.J.. r t ~~ ~ Q..-J
Susan Bigelow, MMC, City Clerk
.