55A - RESO ORANGELINE - Laserfiche WebLink

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REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: AUGUST 20, 2007 TITLE RSSOLUTION SUPPORTING THS ORANGSLINS MAGLSV PROJECT AND AUTHORIZATION TO SSSR FUNDING TO BSCOME A MSMBER AGENCY IN THE ORANGELINS DEVSLOPMSNT AUTHORITY i 1 CITY MANAGER ~` - RECOMMENDED AC710N CLERK OF COUNCIL USE ONLY: APPROVED ^ As Recommended ^ As Amended ^ Ordinance on 1~dReading ^ Ordinance on Z" Reading ^ Implementing Resolution ^ Set Public Hearing For_ CONTINUED TO FILE NUMBER 1. Adopt a resolution supporting the Orangeline Project with the Orangeline Development Authority for the purpose of promoting the High Speed Maglev system from North Los Angeles County to Orange County. 2. Authorize staff to seek Measure M funding in the amount of $52,320 in Fiscal Year 2007-08 to pay for the annual membership fee in the Orangeline Development Authority and to seek future funding to cover the annual fee. 3. Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute the First Amended Joint Exercise of Powers Agreement with the Orangeline Development Authority for the purpose of promoting the development of the Orangeline High Speed Maglev system from North Los Angeles County to Orange County. DISCUSSION The Orangeline Development Authority ("Authority") is a joint exercise of powers authority currently comprised of fourteen Los Angeles and Orange County cities, which has been established to examine the feasibility of constructing a high speed maglev (magnetic levitation) system in Southern California (Exhibit 1). As currently planned, the Orangeline Maglev Project (Orangeline) would travel on an elevated guideway above existing highway or railroad corridors at up to 240 miles per hour, with an average speed of 90 miles per hour in urban areas. Orangeline officials estimate that trains 55A-1