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Resolution No. 4333RESOLUTION NO. 4333 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS REQUESTING THE ORANGE COUNTY TRANSPORTATION AUTHORITY TO ALLOCATE COMBINED TRANSPORTATION PROGRAM FUNDS FOR LINCOLN AVENUE TRAFFIC SIGNAL INTERCONNECT PROJECT WHEREAS, the Orange County Transportation Authority approved a Combined Transportation Funding Program (CTFP) for Fiscal Year 1993 -94; and WHEREAS, the program includes $230,000.00 in Fiscal Year 1993 -94 for a traffic signal interconnect project on Lincoln Avenue between Bloomfield Avenue and East Street; and 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, BE IT RESOLVED that the City of Cypress hereby requests the Orange County Transportation Authority allocate $204,103.00 of CTFP from the Growth Management 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 14, 1994, for $120,800.00. BE IT FURTHER RESOLVED that the City of Cypress has awarded the construction contract and purchased equipment for the project on June 13, 1994, for $240,661.45. 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 27th day of June, 1994. MAYOR OF THE CITY OF CYPRESS ATTEST: On CIT Y CLERK OF THE ITY OF CYPRESS 325 326 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS I, DARRELL ESSEX, 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 June, 1994, by the following roll call vote: AYES: 3 COUNCIL MEMBERS: Age, Nicholson and Partin NOES: 1 COUNCIL MEMBERS: Kerry ABSENT: 1 COUNCIL MEMBERS: Bowman CITY CLE K FT E CITY OF CYPRESS