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25H - PROP 1B ALLOCATION
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25H - PROP 1B ALLOCATION
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Last modified
1/3/2012 4:31:58 PM
Creation date
4/30/2008 1:49:47 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Item #
25H
Date
5/5/2008
Destruction Year
2013
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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />MAY 5, 2008 <br />TITLE: <br />COOPERATIVE AGREEMENT WITH <br />COUNTY OF ORANGE FOR COUNTY'S <br />PROPOSITION 1B ALLOCATION FOR <br />CITY STREETS <br /> <br />MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 15' Reading <br />^ Ordinance on 2"d Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />Authorize the City Manager and the Clerk of the Council to execute the <br />attached cooperative agreement with the County of Orange to receive a <br />portion of the County's Proposition 1B State allocation funds. <br />DISCUSSION <br />At the November 6, 2006 election, the voters passed Proposition 1B (Prop <br />1B) to allow the state to sell $19.9 billion in general obligation bonds <br />for a variety of transportation priorities for cities and counties to fund <br />the maintenance and improvement of local transportation facilities. The <br />County of Orange has received Proposition 1B funds determined by the State <br />Controller's Office. At their meeting on March 4, 2008 the County Board <br />of Supervisors allocated a portion of the County's Proposition 1B funds to <br />the cities to assist in delivery of their critical transportation and <br />safety projects. <br />The City of Santa Ana received $1,000,000 in Proposition 1B Funds for <br />improvements to Susan Street from Mac Arthur to Sunflower. This allocation <br />will be included in the City's Fiscal Year 2008/09 Capital Improvements <br />Program and will be expended within two years from its receipt. In order <br />for the County to dispense a portion of the funds to the City, a <br />County/City cooperative agreement must be executed. The agreement states <br />the terms and responsibilities for each party. <br />25H-1 <br />
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