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CC Resolution No. 10-064 California Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 200f funds RESOLUTION NO. 10 -064 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO APPROVING THE CITY'S PLAN TO USE CALIFORNIA HIGHWAY SAFETY, TRAFFIC REDUCTION, AIR QUALITY, AND PORT SECURITY BOND ACT OF 2006 (PROPOSITION 1B) FUNDS AVAILABLE IN 2009 -10 FOR MAINTENANCE PROJECTS IN THE CITY'S PAVEMENT MANAGEMENT PROGRAM, AND AUTHORIZING THE CITY MANAGER TO APPLY FOR, APPROPRIATE, AND EXPEND THOSE FUNDS, AND TAKE RELATED ACTIONS WHEREAS, In November 2006, California voters approved Proposition 1B, the Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 2006, (Prop 1B) to provide $19.925 billion in bond funds for a variety of transportation priorities. These priorities include $2 billion for cities and counties to fund the maintenance and improvement of local transportation facilities; and WHEREAS, The 2009 Budget Act and Chapter 1, Statutes of 2009, appropriate a total of $700 million of these Prop 1B funds in 2009 -10. Of this amount, $260 million has been allocated to cities and $440 million to counties; and WHEREAS, in order to receive these fiznds, a county or city must first approve and submit a plan for use of the amount of funds available in 2009 -10 to the Department of Finance (Finance). NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino hereby approves the City's plan to use Proposition 1B funds available in 2009 -10, attached hereto as Exhibit A and made a part hereof, and authorizes the City Manager to apply for, appropriate, and expend those funds, and take related actions. BE IT FURTHER RESOLVED that the City Manager, or the City Manager's designee, is authorized, on behalf of the City of Cupertino, to execute and submit all documents, payment requests, and related actions, as well as to accept and appropriate any additional funds received for the completion of the project. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 6th day of April 2010 by the following vote: Vote Members of the City Council AYES: Wang, Wong, Chang, Mahoney, Santoro NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: City Clerk / ayor, City of Cupe no Attachment: Exhibit A Resolution No. 10 -064 Exhibit A Total Prop 1B Funding to be Used for Local Maintenance Category $820,057.15 2