HomeMy WebLinkAboutResolution No. 08-7044 - Prop 1B Local Streets/Roads Funding Expenditure Plan FY 2008-09RESOLUTION NO. 08-7044
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
APPROVING THE FISCAL YEAR 2007/08 PROPOSITION IB LOCAL
STREETS AND ROADS FUNDING EXPENDITURE PLAN.
WHEREAS, Proposition 1 B was approved by the people of the state of California in
2006; and
WHEREAS, Proposition IB provides $19.925 billion in bond funds for a variety of
transportation priorities, including $2 billion for cities and counties to fund the maintenance and
improvement of local transportation facilities; and
WHEREAS, Senate Bill 88 appropriated $950 million of the Proposition 1 B funds in
Fiscal Year 2007-2008, $550 million of which will be allocated to cities and $400 million of which
will be allocated to counties as specified by Assembly Bill 196; and
WHEREAS, in order to receive these funds, the legislative body of each respective
county or city must first approve a plan for use of the amount of funds available in Fiscal Year
2007-2008 for their respective jurisdiction; and
WHEREAS, the City of Downey is slated to receive $1,826,969.56 in Proposition 1 B
Local Street and Roads funds for Fiscal Year 2007/08; and
WHEREAS, The City of Downey is proposing to expend $1,000,000 of its Fiscal Year
2007 / 08 Proposition IB Local Streets and Roads funds apportionment on the Imperial
Highway Traffic Throughput and Safety Enhancement Phase 2 Project and the remaining
$826,969.56 of the apportionment on the Fiscal Year 2007/08 Residential Street Pavement
Rehabilitation Project.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. To approve the Fiscal Year 2007/08 Proposition IB Local Street and
Roads Funding Expenditure Plan.
SECTION 2.That the City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED this 12th day of February, 2008.
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ATTEST:
RESOLUTION NO. 08-7044
PAGE TWO
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 12th day of February, 2008, by the following
vote, to wit:
AYES :
NOES:
ABSENT:
ABSTAIN :
5 Council Members: Bayer, Cartozian, Guerra, Trejo, Mayor Gafin
0 Council Member: None
0 Council Member: None
0 Council Member: None
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KATHLEEN L. MIDSTOKKE, City Clerk