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HomeMy WebLinkAboutResolution No. 14-7500 - Authorizing the Application of a Transit Oriented Development Planning GrantRESOLUTION NO. 14-7500 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY AUTHORIZING THE APPLICATION TO METRO FOR THE TRANSIT ORIENTED DEVELOPMENT PLANNING GRANT PROGRAM WHEREAS, on February 27, 2014, the Los Angeles County Metropolitan Transportation Authority (Metro) approved funding for Round 4 of the Transit Oriented Development Planning Grant program; and, WHEREAS, the City of Downey is eligible for funding for under the Transit Oriented Development Planning Grant based upon the South Rancho Campus being within % mile of the proposed Eco-Rapid Transit Line/West Santa Ana Transit Station; and, WHEREAS, the City of Downey desires to apply for funding for the creation of a Specific Plan under Round 4 of the Transit Oriented Development Planning Grant Program. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City of Downey is hereby authorized and directed to apply to Metro for funding under Round 4 of the Transit Oriented Development Planning Grant program. If the application is approved, the City of Downey is hereby authorized and directed to enter into, execute, and deliver a grant agreement to secure the Transit Oriented Development Planning Grant from Metro. SECTION 2. The City of Downey shall be subject to the terms and conditions as specified in the Grant Agreement. The City of Downey hereby agrees to use the funds for eligible expenditures in the manner presented in the application and grant agreement as approved by the Metro and in accordance with the Program Guidelines and Application Package SECTION 3. That the City Manager or designee is authorized to execute in the name of the City of Downey the Transit Oriented Development Planning Grant application and the grant agreement as required by Metro. Mayor RESOLUTION NO. 14-7500 PAGE 2 I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the City of Downey at a regular meeting held on the 8th day of July, 2014, by the following vote, to wit AYES : NOES: ABSENT: ABSTAIN Council Members: Council Members: Council Members: Council Members: Brossmer, Guerra, Saab, Marquez, Mayor Vasquez None None None (tb', ADI City Clerk