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HomeMy WebLinkAboutResolution 2013-034 N.C.S. 4/1/2013Resolution No. 2013-034 N.C.S. of the City of Petaluma, California APPROVING A PLANNED USE TO EXPEND THE 2008-09 ALLOCATION OF PROPOSITION IB LOCAL STREETS AND ROADS FUNDS AND AUTHORIZING THE TRANSFER OF FUNDS TO THE STREET MAINTENANCE FUND WHEREAS, of the $847,322.03 in 2008-09 Prop I B funds, approximately $785,468.15 have been allocated for the following projects: Crinella Drive Reconstruction, Petaluma Boulevard South Road Diet, Auto Drive Extension, Protected Left -Turn Signal Upgrade and the 2010 Sealcoat Project, leaving $120,000 in available funds; and, WHEREAS, to utilize Proposition 1 B Local Streets and Roads Funds, City Council must approve a planned use of the funds, as determined by the State Controller's Office, and submit to the State Department of Finance during the annual update; and, WHEREAS, the planned use for the Prop I B funds must be included in the City of Petaluma 2012-13 budget; and, WHEREAS, City staff has derived a plan for the use of the Prop I B funds allocation through the Street Maintenance Fund. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Petaluma hereby: 1. Approves the planned use of Proposition I B Local Streets and Roads Improvement Funds for the purpose of completing new pavement, signage, and striping projects on local City streets; and, 2. Resolves that a certified copy of this resolution and its attachments, and any accompanying supporting materials is made available to the State Department of Finance; and, 3. Authorizes the transfer of $120,000 of the Prop 1 B funding to the Street Maintenance Fund. Under the power and authority confened upon this Council by the Charter of said City REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the A pi veh as to Council of the City of Petaluma at a Regular meeting on the I" day of April, 2013, t n: by the following vote: City Attorney AYES: Vice Mayor Albertson, Barrett, Mayor Glass, Harris, Mealy, Kearney, Miller NOES: None ABSENT: None ABSTAIN: (na None (n�� /� (/w ! A,rTFST: ��-,t-�% J City Clerk Mayor Resolution No. 2013-034 N.C.S. Page I