Loading...
HomeMy WebLinkAboutResolution No. 6621 RESOLUTION NO. 6 621 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY SUPPORTING ENTRY INTO THE JOINT EXERCISE OF POWERS AGREEMENT FOR THE FORMATION OF THE ORANGELINE DEVELOPMENT AUTHORITY TO FACILITATE FURTHER STUDY OF THE PROPOSED ORANGELINE WHEREAS, on April 11, 2002, Southern California Association of Governments and Gateway Cities Council of Governments published a Feasibility Study for the OrangeLine, a proposed maglev (magnetic levitation) train that would run from Downtown Los Angeles through the southeast portion of Los Angeles County and into Orange County; and WHEREAS, after a preliminary review of the proposed route and station alternatives, the Feasibility Study concluded that the development of a maglev train line along the former Pacific Electric, owned by the MTA, right -of -way is indeed feasible and that further study is warranted; and WHEREAS the proposed maglev train line can bring about development that will help to revitalize and stimulate economic growth in the region, as well as mitigate the region's traffic congestion and housing shortage; and WHEREAS a joint powers authority will allow for the equal participation of all involved parties such that individual public agencies act together as one regional voice; and WHEREAS the joint powers authority will be called the OrangeLine Development Authority; and WHEREAS, as a Member of the OrangeLine Development Authority, the City of Downey will be authorized and empowered to plan, finance, acquire and construct transportation facilities and issue bonds to provide the funds for the OrangeLine project; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. To support the entry into the Joint Exercise of Powers Agreement for the formation of the OrangeLine Development Authority. SECTION 2. That the Department of Public Works is hereby authorized and directed to negotiate the form and content of the Agreement. RESOLUTION NO. 6621 ORANGELINE JOINT POWER AGREEMENT PAGE 2 SECTION 3. The City Clerk shall certify to the adoption of this Resolution. APPROVED AND ADOPTED this 10th day of December , 2002. Mayor , RIC TREJO ATTEST: • Ii‘riteel/X KATHLEEN L. MIDSTOKKE , City Clerk I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the Downey regular he City of Downe at a ular meeting thereof held on the 1 0th day of December , 2002, by the following vote: AYES: 5 Council Members: McCarthy, Cartoz ian , Perkins, Bayer, Tre j o NOES: 0 Council Members: None ABSENT:0 Council Members: None *d6 '006eaeeve KATHLEEN L. MIDSTOKKE, City Clerk