HomeMy WebLinkAboutCity Council Resolution 92-066
RESOLUTION NO.
92-066
A RESOLUTION OF INTENT WITH REGARD TO CITY OF SARATOGA
FUNDS AND THE SURFACE TRANSPORTATION PROGRAM FOR
SARATOGA-SUNNYVALE ROAD IMPROVEMENTS FROM BIG BASIN WAY
TO VERDE VISTA LANE
WHEREAS, the city of Saratoga has applied and been recommended for
$340,000 in Surfaoe Transportation Program funding for the
saratoga-Sunnyvale Road Improvements from Big Basin way to Verde
Vista Lane including pedestrian and bicycle facilities, left turn
pockets and raised landscaped medians (the Project) in the 1993
Transportation Improvement proqram (TIP) adopted by the
Metropolitan Transportation Commission and approved by the Federal
Highway Adm.inistration: and
WHEREAS, a prerequisite for inclusion in the 1993 TIP is the
adoption of a local resolution stating that
The project will be built as described above:
. $110,000 or 24.4% of total project costs (whiohever is less),
in local matching funds will be provided by the City of
saratoga: and
The City of Saratoga understands that the Surface
Transportation Program funding is fixed at $340,000 and
therefore any cost increases cannot be expected to be fund-
ed with Surface Transportation Program funds.
NOW, THEREFORE BE IT RESOLVED, that the City Counci 1 of the City of
Saratoga adopting this resolution of intent does hereby state that
The project will be built as described above;
. $110,000 or 24.4' of total project costs (whichever is less),
in local matching funds will be provided by the City of
Saratoga; and
The City of saratoga understands that the Surface Transport-
ation Program funding is fixed at $340,000 and therefore any
cost increases oannot be expected to be funded with Surface
Transportation Program funds.
ADOPTED BY the City Council of the City of saratoga at a meeting
held on September 16, 1992, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Councilmembers Burger,
None
None
None
Kohler, Monia, Tucker and Mayor Anderson
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