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Resolution No. 6082 154 RESOLUTION NO. 6082 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS ADDING THE TRAFFIC MITIGATION PROJECTS FUNDED BY THE CITYWIDE TRAFFIC IMPACT FEE THE CITY COUNCIL OF THE CITY OF CYPRESS HEREBY RESOLVES, DETERMINES, AND ORDERS AS FOLLOWS THAT: WHEREAS, the City of Cypress has an existing traffic fee ordinance and project list adopted in 1994; and WHEREAS, the City has completed a Transportation System Needs/Intersection Capacity Study and presented it to the City Council at a workshop in August 2007; and WHEREAS, the Transportation System Needs/Intersection Capacity Study identifies the impacts of contemplated future development on existing circulation facilities and the improvements required to mitigate the anticipated impacts; and WHEREAS, the Transportation System Needs/Intersection Capacity Study sets forth the relationship between contemplated future development, the needed facilities, and the established costs of those improvements, as shown on Exhibit "A". NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CYPRESS, CALIFORNIA, does hereby add the traffic mitigation projects to be funded by the Citywide Traffic Impact Fee, as shown on Exhibit "A" attached hereto, to incorporate the findings and conclusions of the Transportation System Needs/Intersection Capacity Study. PASSED AND ADOPTED by the City Council of the City of Cypress, ex officio governing Board of Directors of the Cypress Recreation and Park District, at a regular meeting held on the 27th day of May, 2008. 4141W 1, /4 MAYOR OF THE C OF CYPRESS ATTEST: 2L0-e_ / '17) CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS I, DENISE BASHAM, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 27th day of May, 2008, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Bailey, Luebben, Mills, Narain, and Seymore NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None CITY CLERK OF THE CITY OF CYPRESS 155 EXHIBIT "A" ESTIMATED MITIGATION COSTS Roadway/Intersection Improvements 1. Intersection Improvements at Valley View Street and Cerritos Avenue 2. Intersection Improvements at Cerritos Avenue and Walker Street 3. Moody Street Widening 4. Bus turn-outs Program $2,470,000 Traffic Signal Improvements 5. Signal Installation Program 6. Signal Upgrade/Modification Program 7. Signal Interconnect (Fiber Optic) System Program 8. CCTV Camera Program $3,510,000 Total Cost $5,980,000