HomeMy Public PortalAbout87-088 (06-16-87)RESOLUTION N0. $7-gg
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,
CALIFORNIA AUTHORIZING AND APPROVING THE EXCHANGE OF
PROPOSITION A LOCAL RETURN TRANSIT FUNDS TO THE LOS ANGELES
' COUNTY TRANSPORTATION COhAfISSION FOR REGIONAL FEDERAL-AID
URBAN HIGHWAY FUNDS.
WHEREAS, the City Council wishes to transfer $500,000
of its unco~itted Proposition A Local Return transit funds to
the Los Angeles County Transportation Co~ission (LACTC) for use
in regional ridesharing; and
WHEREAS, the LACTC has offered to transfer $500,000
of Regional Federal-Aid Urban funds to the City of Lynwood, to
fund local streets and roads projects of regional
significance;
WHEREAS, the City Council has determined that the
transit needs of the City can be adequately met if this fund
trade is approved; and
WHEREAS, the City plans to expend its local FAU
apportionments on appropriate projects in a timely manner, and
needs the additional FAU funds for the Long Beach Boulevard
Reconstruction Project.
NOW, THEREFORE, the City Councii of Lynwood does hereby
' resolve as follows:
Section 1_
The transfer
of $500
000 of Pr
iti
A
,
opos
on
Loca] Return funds in exchange for the transfer of $500,000 of
Regional Federal-Aid ilrban funds is authorized and approved.
Section 2_ The City Mana ger is authorized to execute
on behalf of the City any required documents to effectuate this
exchange of funds.
Section 3_ The City Clerk shall certify the adoption
of this resolution and send certified copies to the Los Angeles
County Transportation Co~ission.
ATTEST:
~~/`~ _
ANDREA L. HOOPER, City C1 rk
' City of Lynwood
APPROVED AS TO FORM:
G~ ~7~./ O
- ---- --- -
City Attorney
----~
- ----------------------
AUL H. RICHARDS, II, Mayor
City of Lynwood
APPROVED AS TO CONTENT:
- --- ± --- -~-~---~C~ --
OS PH Y. , .E. v
' ector of Publir_ Works/
City Engineer
C04.840
STATE OF CALIFORNIA )
) ss.
COUNTY OF I.OS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do
hereby certify that the above and foregoing resolution was duly
adopted by the City Council of said City at ar regular meeting
thereof held in the City Hall of said City on the 16th _ day of
__ June______, 1987, and passed by the following vote:
AYES: COUNCILMEMBER BYORK, HENNING, MORRIS, WELLS, RICHARDS
NoES: NONE
ABSENT: NONE
~~y~~?-~~-- ,~ ~~~z_?Z~~
City Clerk, City of Lynwoo
STATr OF CALIFORNIA )
) ss.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, and
Clerk of the City Council o£ said City, do hereby certi£y that the
above and foregoing is a full, true and correct copy of Resolution
No, $'7-$$ on file in my office and that said resolution was
adopted on the date and by the vote therein stated.
Dated this _ 16t_h_____ day of ___June __________, 1987.
~~~~ ~~s~.~~
City Clerk, City of Lynwood
C04.840