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Resolution No. 481867 RESOLUTION NO. 4818 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS REQUESTING THE ORANGE COUNTY TRANSPORTATION AUTHORITY TO ALLOCATE COMBINED TRANSPORTATION PROGRAM FUNDS FOR BALL ROAD TRAFFIC SIGNAL INTERCONNECT PROJECT. WHEREAS, the Orange County Transportation Authority approved a Combined Transportation Funding Program (CTFP) for Fiscal Year 1996 -97; and WHEREAS, the program includes $400,000.00 in Fiscal Year 1996 -97 for a traffic signal interconnect project on Ball Road between Bloomfield Avenue and Holder Street. WHEREAS, the City of Cypress has adopted a General Plan Circulation Element which does not preclude implementation of the MPAH within its jurisdiction; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CYPRESS DOES FIND, DETERMINE AND RESOLVE AS FOLLOWS: that the City of Cypress hereby requests the Orange County Transportation Authority allocate $222,786.57 of CTFP from the Growth Management Program and Signal Improvement Program for design/construction of said project to the City. This request is in conformance with the CTFP allocation process and does not exceed ninety (90) percent of the programmed amount or ninety (90) percent of the design/construction contracts. BE IT FURTHER RESOLVED that the City of Cypress agrees to fund its share of the improvement costs of the above indicated fiscal year and any additional costs over the identified programmed amount. BE IT FURTHER RESOLVED that the City of Cypress has awarded the design contract for the project on February 10, 1997, for $15,506.00 BE IT FURTHER RESOLVED that the City of Cypress has purchased equipment for the project on May 12, 1997, for $84,702.63 BE IT FURTHER RESOLVED that the City of Cypress has awarded the construction contract for the project on June 9, 1997, for $136,169.00. BE IT FURTHER RESOLVED that the City of Cypress has awarded various contracts for preparations of signal timing, traffic counts, and flood control permits for $11,163.00 BE IT FURTHER RESOLVED that the City of Cypress has: (1) designed the project improvements, and 2) completed the required preparatory work in accordance with the standards required by the City and other affected jurisdictions involved with said project. BE IT FURTHER RESOLVED that the remaining ten (10) percent in CTFP funds will be transferred to the City of Cypress when construction is completed and a Final Report on the project is accepted by the Orange County Transportation Authority. The City of Cypress agrees to submit the final report to the Orange County Transportation Authority within one hundred twenty (120) days after the City's acceptance of the improvements. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 23rd day of June , 1997. ':(U)/‘-1 (61'kt9" MAYOR OF THE CITY OF CYPRESS 68 ATTEST: Gk. I ERK OF C THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS I, LILLIAN M. HAINA, 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 23rd day of June , 1997, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: Bowman, Jones, Keenan, Piercy NOES: 0 COUNCIL MEMBERS: None and Carroll ABSENT: 0 COUNCIL MEMBERS: None CITY LERK OF THE CITY OF CYPRESS