Loading...
HomeMy WebLinkAbout6506 RESOLUTION NO. 6506 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DETERMINING THAT THE PUBLIC INTEREST AND NECESSITY DEMAND THE ACQUISITION, CONSTRUCTION, REPAIR AND REPLACEMENT OF CERTAIN MUNICIPAL IMPROVEMENTS AND MAKING FINDINGS RELATING THERETO WHEREAS, Metropolitan Transit Authority (the "MT A") is proposing to extend the Metro Gold Line Foothill Extension through the City of Arcadia (the "Gold Line Extension"); and WHEREAS, the Gold Line Extension as currently proposed would cross Santa Anita A venue at street grade; and WHEREAS in order to improve public safety and traffic circulation and ease congestion on Santa Anita Avenue, which is a critical north/south arterial for the City, the City desires to cause the construction, installation, acquisition and improvement of a grade separation at the intersection of Santa Anita A venue and the Gold Line Extension. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: SECTION 1. Findings and Detenninations. A. The City Council finds that the public interest and necessity demand the construction, installation, acquisition and improvement by the City of the certain public safety and traffic circulation related municipal improvements identified as follows: Construct, install, acquire and improve a grade separation for Santa Anita A venue at the intersection of Santa Anita A venue and the Metropolitan Transportation Authority Gold Line Foothill extension to improve public safety and traffic circulation and ease congestion. B. The estimated cost of the municipal improvements set forth in Section 1 A is Eight Million ($8,000,000) Dollars, which will be provided through a general obligation bond. The acquisition, construction and completion of the municipal improvements require an expenditure greater than available in the City's current budget and will require the issuance of bonds therefor, and such issuance is necessary and convenient to carry out the objects, purposes and powers of the City. SECTION 2. No Administrator Salaries. Proceeds from the sale of the bonds authorized by the City's Santa Anita A venue Public Safety/Traffic Improvement Measure shall be used only to construct, repair and replace the public improvements specified in the Measure, and not for any other purpose, including administrators' salaries or other operating expenses. By law, all funds can only be spent on municipal improvements. 2 6506 SECTION 3. The City Clerk shall certify to the adoption of this Resolution. Passed, approved and adopted this 6th day of December Ma r of the City of Arcadia ATTEST: ~"k;J-f? -( APPROVED AS TO FORM: ..--- ~ttv-. 0 /de;J,o.,j?' Stephen P. Deitsch City Attorney 3 ,2005. 6506 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS: CITY OF ARCADIA ) I, JAMES H. BARROWS, City Clerk of the City of Arcadia, hereby certifies that the foregoing Resolution No. 6506 was passed and adopted by the City Council of the City of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting of said Council held on the 6th day of December, 2005 and that said Resolution was adopted by the following vote, to wit: A YES: Council Member Chandler, Kovacic, Marshall, Segal and Wuo NOES: None ABSENT: None I~ ~ City Clerk of the City of Arca la 4 6506