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HomeMy WebLinkAboutPCDC Resolution 2005-20 12/19/2005RESOLUTION 2005-2 PETALUMA COMMUNITY ®EVELOPMENT COMMISSION RESOLUTION AUTHORIZING THE EXECUTIVE DIRECTOR TO ALLOCATE $4M FROM PCDC ACCOUNT UNDESIGNATED FUND BALANCE TO EAST WASHINGTON INTERCHANGE PROJECT C500306 WHEREAS, the Petaluma Community Development Commission acknowledges that the East Washington Interchange ramp improvement component of Caltrans' Sonoma/Marin Narrows Project needs to be completed in advance of the larger project; and, WHEREAS, the PCDC has been requested by Caltrans to commit $4M in local funds toward advancement of this component; and, WHEREAS, upon PCDC's commitment of funding to Caltrans, it is this body's understanding that $15.4M from Transportation Congestion Relief Program (TCRP) funds will be contributed toward this ramp improvement. NOW, THEREFORE, BE IT RESOLVED, that the Petaluma Community Development Commission hereby authorizes the Executive Director to allocate $4M from PCDC account undesignated fund balance to East Washington Interchange Project C500306. BE IT FURTHER RESOLVED, that the PCDC authorizes Executive Director to submit a letter to Caltrans committing $4M toward Caltrans' East Washington ramp improvement component of the Sonoma/Marin Narrows Project. BE IT FURTHER RESOLVED, that PCDC authorizes Executive Director to direct that a letter be sent to Sonoma County Transportation Authority (SCTA), requesting that $4M in Measure M funds be contributed toward the advancement of this improvement. Adopted this 19th Day of December 2005 by the following vote: PCDC Resolution 2005-20 Page 1 Commissioner Aye No Absent Abstain Canevaro X Chair Glass X Vice Chair Harris X Healy X Nau X O'Brien X Torliatt X ~- avid Glass, Chair-- - _' ATTEST: APPROVED AS TO FORM: ~~~ Claire Cooper, Recording S cretary Eric W. Danly, Gen al Counsel PCDC Resolution 2005-20 Page 2