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HomeMy WebLinkAboutAgenda Statement 1974/03/26 Item 19 . AGENDA ITEM NO. [ 19] CHULA VISTA CITY COUNCIL MEETING OF: March 26, 1974 ITEM TITLE: Resolution - Authorizing submittal of claim for funds to the Comprehensive Planning Organization under the Transportation Development Act of 1971 (56325) INITIATED BY: City Manager BACKGROUND According to instructions received from the Comprehensive Planning Organization, fiscal 1974-75 claims for Local Transportation Fund monies must be submitted prior to April 1, 1974. Staff has prepared such a claim amounting to $94,767 (see Exhibit No.1). Though this claim falls far short of the fiscal 1974-75 apportionment of $528,100, it is reasonable, due to matching requirements and austere General Fund conditions. Direct City subsidy for intra-city bus service is projected to be $45,868, some $5,700 less than that required in last year's budget. ATTACHED: Resolution ~] Ordinance [ ] Agreement [ ] Plat [ ] See EXHIBITS ~] No. 1 - 2 Financial Statement: N.A. Commission-Board Recommendation: N.A. Department Head Recommendation: N.A. City Manager Recommendation: Approval of claim application. ^ 113 (T) 1 c. /7')) ""-II nev,'/Ift. R7J6~ .1~."'"""""_""",,,,,_,,,,,_,,,,_,_"_,o,,,, ..._..__---...."