HomeMy WebLinkAboutCC Resolution 7865 (Scotts Valley)RESOLUTION NO. 7865
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SAN RAFAEL AUTHORIZING THE SIGNING OF AN AGREEMENT
FOR THE PURCHASE AND ASSIGNMENT OF FEDERAL AID
URBAN (FAU) APPORTIONMENTS FROM THE CITY OF
SCOTTS VALLEY, CALIFORNIA
THE CITY COUNCIL OF THE CITY OF SAN RAFAEL hereby resolves
as follows:
THE MAYOR AND THE CITY CLERK are authorized to sign, on
behalf of the City of San Rafael, an agreement with the City of
Scotts Valley, California, for the purchase and assignment of Federal
Aid Urban (FAU) apportionments. A copy of said agreement is attached
hereto and incorporated herein by reference.
I, JEANNE M. LEONCINI, Clerk of the City of San Rafael,
California, hereby certify that the foregoing resolution was duly
and regularly introduced and adopted at a regular meeting of the
Council of said City held on the 21st day of November, 1988, by
the following vote, to wit:
AYES: COUNCILMEMBERS: Boro, Breiner, Frugoli, Thayer & Mayor Mulryan
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
JE LEONCIN1, City Clerk
AGREEMENT FOR ASSIGNMENT OF
FEDERAL AID URBAN (FAU) APPORTIONMENTS
This agreement is made and entered into this _21st day
of NovembPr , 1988, by and between the City of San
Rafael, hereinafter referred to as San Rafael, and the City of Scotts
Valley, hereinafter referred to as "City".
WITNESSETH:
WHEREAS, City wishes to assign $422,000 of its current
balance of FAU funds to San Rafael in exchange for eighty-five percent
(85%) of that amount in funds that may be used for any transportation
related purpose; and
WHEREAS, San Rafael wishes to accept said assignment for
use on a transportation project which qualifies for FAU funding;
and
WHEREAS, the FAU funds are discounted to San Rafael because
of expenditure restrictions and increased administrative costs associ-
ated with using said funds; and
WHEREAS, apportioned nonattributable FAU funds may be
transferred between local agencies with the approval of the
appropriate local officials and, if applicable, the appropriate
governing bodies responsible for apportioning the funds within an
urbanized area; and
WHEREAS, San Rafael and City consider this assignment
and exchange as fair and equitable treatment under the FAU program.
ICON, THEREFORE, it is mutually agreed as follows:
1. City agrees to transfer $422,000 of its FAU fund balance
to San Rafael.
2. San Rafael agrees to transfer $358,700 to City on
notification by Caltrans that the $422,000 is available
for San Rafael's use; and
3. City agrees to use the funds received from San Rafael
for transportation related purposes.
COPX
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FOR CITY OF SCOTTS VALLEY
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RAYMOND F. CARL, Mayor Date
City of Scotts Valley
ATTEST:
UGiJW'K CAIRES, City Clerk Dat
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City of Scotts Valley
FOR CITY OF SAN RAFAEL
L 11 CE E. MULRYAN, Mayor Date
City of San Rafael
ATTEST:
JA3INE M. LEONICINI, City Clerk Date
City of San Rafael
APPROVED AS TO FORM:
RASP M. HAIGHT', City tt6rney Date
Cit_o Scotts Valley
APPROVED AS TO FORM:
Z
GAR T. RAGGHIANTI, ity Attorney Date
Ci y of San Rafael