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HomeMy WebLinkAboutCC RESO 2005 - 67RESOLUTION NO. 2005 — 67 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING AN AMENDMENT TO THE REGIONAL TRANSPORTATION IMPROVEMENT PROGRAM (RTIP) OF SANDAG TO PROVIDE ADVANCED FUNDING THROUGH DEBT FINANCING FOR STREET PAVEMENT, SIDEWALK, CURB AND GUTTER, AND MISCELLANEOUS CONCRETE IMPROVEMENTS IN THE AMOUNT OF $3,000,000 FOR FISCAL YEAR 2005-2006 WHEREAS, the City Engineer is recommending that the City amend the Regional Transportation Improvement Program (RTIP), requesting an advance in TransNet revenues from 2005-2008 for use in fiscal year 05-06 for the National City Street Resurfacing Program; and WHEREAS, the National City Street Resurfacing Program includes the resurfacing and repair of bituminous pavements. Depending on the type and severity of the pavement failure, these repairs vary from full -depth reconstructions to pavement overlays; and WHEREAS, other repairs included in this program are concrete repair to curbs and gutters, sidewalks, pedestrian ramps, driveways and cross gutters; and WHEREAS, this request for advancement of tax revenues from SANDAG is being done through a City Council Resolution with funds being obtained through debt financing for improvements related to the National City Street Resurfacing Program. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of National City hereby approves an amendment to the Regional Transportation Improvement Program of SANDAG to provide advanced funding through debt financing for street pavement, sidewalk, curb and gutter, and miscellaneous concrete improvements in the amount of $3,000,000 for fiscal year 2005-2006 PASSED and ADOPTED this 5th day of April, 20 ATTEST: Nick Inzunz , Mayor APPROVED AS TO FORM: Mi ael Dalla CityClerk l g'A'" Alt George H. Eiser, Ill City Attorney