HomeMy WebLinkAboutCC RESO 95-133RESOLUTION NO. 95-133
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
IN SUPPORT OF THE TIMELY CONSTRUCTION OF
SR-125 SOUTH BY CALIFORNIA TRANSPORTATION VENTURES, INC.
WHEREAS, State Route 125 has been recognized as a critical component
in the traffic circulation network for the South San Diego Regional Outer Loop; and
WHEREAS, the timely construction of SR-125 will benefit National City's
residential and business communities by relieving traffic congestion on I-5, I-805 and SR-
54, thereby providing improved access into and out of National City; and
WHEREAS, SR-125 will improve response time for emergency vehicles
throughout South County, including police, fire, ambulance and highway patrol; and
WHEREAS, the San Diego Association of Governments (SANDAG)
conducted the "Advanced Transportation System Development Demonstration Program"
study and concluded that advancing the construction of SR-125 is critical to the economic
development of the South San Diego County area; and
WHEREAS, the construction of SR-125 will provide a crucial link between
the Otay Mesa federal port of entry and Interstate 8 and points east, allowing San Diego
County to take full advantage of the North American Free Trade Agreement (NAFTA);
and
WHEREAS, SR-125 is necessary to support increasing commercial traffic
generated as a result of expanding trade and commerce between the United States and
Mexico; and
WHEREAS, there is a documented shortage of public funds to finance the
implementation of the State Transportation Improvement Program (STIP); and
WHEREAS, CalTrans entered into a franchise agreement with California
Transportation Ventures, Inc. (CTV) to finance, design, build and operate SR-125 South
as a limited access toll facility, ensuring that it will be constructed without burden to
taxpayers; and
Continued on Page Two
Resolution No. 95-133
Page Two
WHEREAS, the construction of SR-125 South by CTV will be funded by
private sector cash investment, bringing $340 million in private capital to the South
County economy; and
WHEREAS, the development of SR-125 South will directly create over 500
local jobs during construction, and up to an additional 150 jobs during the toll operation
stage.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of National City does hereby support the timely construction of SR-125 South as a toll
road by California Ventures, Inc.
PASSED and ADOPTED this 5th day of September, 1995.
George H. Waters, Mayor
ATTEST:
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LorAnne eoples, City Clerk
APPROVED AS TO FORM:
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George H. Eiser, III
City Attorney