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Home My WebLink AboutAgenda Report - December 19, 1990 (72)CITY OF LOD TO: City Council FROM: City Manager MEETING DATE: December 19, 1990 AGENDA TITLE: Federal -Aid Urban Update COUNCIL C07MMUNICATION RECOMMENDED ACTION Discuss the following information and take appropriate action. BACKGROUND INF FNftTION At the Council meeting of November 28, the Council directed staff to attempt to sell Federal -Aid Urban (FAU) funds. If the staff was unable to sell the funds at not less than 70 percent, the Council directed the City to go forward with the traffic signalization at Kettleman and Mills and Hutchins and Vine and the upgrade of the Church Street signals. City staff contacted Alameda County Transportation Authority and Santa Clara County Traffic Authority and they .have both offered 80t on the dollar for our FAU funds. Copies of these agencies' correspondence are attached. They would exchange local dollars which could be used on any transportation project. Although Caltrans has not given us the figure for the 1990/91 apportionment, our unaudited figure shows that we would have approximately $192,000 to exchange. If the Council decides to go ahead with the sale of our FAU dollars, vie ask that a resolution authorizing the City manager to execute an agreement with one of these agencies be approved. W would recommend that ve sell our FAU dollars to Alameda County Transportation Authority. If the Council does not wish to proceed with provide staff with the appropriate direction. �r Ja L. Ronsko Pub is Works Director B/mt Attachments APPROVED; � a. CFAU/TX T W.02t1 (CO .CCM) the sale of FAU funds, it should Z FILE NO. December 12, 1990 Dave "M Chakrnm Edward R Campbell. ,iCt, Mary V"M suoaww r.emeB, R. Merm Ift -. con Pwaft 2warmw Grmw Santana .%OW .e. Mand W. Smith Lionel d. Wilson M.w►.ora.ne "GaNardo E xbou" or.aa Alan. .4a County s TRANSPORTATION AUTHORITY November 30, 1990 RECEIVED DEC 31990 Sharon Blaufus CITY OF LODI Administrative Assistant 11LIC WORKS DEPARTMENT Public Works Department City of Lodi P. O. Box 3006 Lodi, CA 95,241 Subject: Combined Road Program Funds Dear Ms. Blaufus : This letter refers to the telephone conversation between you and David Clerici, the Authority's Administrative and Finance Manager, on November 29, 1990. I am authorized to initiate negotiations for the purchase of CRP funds. Accordingly, this letter constitutes our initial offer for purchase of the City of Lodi CRP allocations. The Authority intends to use any available CRP funds on a Caltrans project which is scheduled for advertisement early in 1991. This will require a transfer between funding categories. We understand that you have approximately $180,000 available for trade. We believe that FAU funds are worth $0.80 as against "clean" dollars. On this basis, our offer for purchase of FAU funds is $0.80 per dollar with payment or ascents ^ade immed i atQ) y upon notification of apportionment i answer by Caltrans. We understand that obligational authority is available; however, this offer is contingent upon when funds become available for use by the Alameda County Transportation Authority. If you accept, we propose use of the Caltrans standard agreement for this purpose. We are enclosing a proposed draft for your review and comment. l -M Lakeside Dr.. Suitt 1103. Oakland. CA 9442 (.+15) 593-33-7 1 -AX (41 ) � 9:- Please call me, or David Clerici of my staff, if you wish discuss this matter further. Sincerely, e� (;�)aLkjx- A.J. Gallardo Executive Director AJG/lb enclosure cc: Rich Monroe, Caltrans, San Francisco Ernie Satow, C ltrans, San Frangisco Herb okubo, Caltrans, San Francisco R. Petrie, Caltrans, Sacramento John McCallum, MTC Dennis Fay, Alameda County Vince Harris David Clerici Joan Van Brasch 4 AGREEMENT FOR ASSIGNMENT OF COMBINED ROAD PROGRAM (CRP) FUNDS This agreement is made and entered into this _day of 1990, by and between ALAMEDA COUNTY TRANSPORTATION AUTHORITY, a political subdivision of the State of California, hereinafter referred to as "AUTHORITY" and the CITY OF LODI, a political subdivision of the State of California, hereinafter referred to as "CITY". WHEREAS, CITY wishes to assign the total amount available, $180,000 of its allocation of CRP funds to AUTHORITY in exchange for Eighty Percent (80%) of that amount in funds that may be used for any CITY street/road related purposes: WHEREAS, the AUTHORITY wishes to accept said assignment for use on an AUTHORITY street related project which qualifies for CRP funding: WHEREAS, the CRP funds are discounted to the buyer because of expenditure restrictions, federal engineering standards, and increased administrative costs associated with using said funds: WHEREAS, apportioned CRP funds may be transferred between local agencies from or within an urbanized area with the approval of the appropriate local agency officials and the appropriate governing body responsible for apportioning the funds to the seller; WHEREAS, AUTHORITY and CITY consider this assignment and exchange as fair and equitable treatment under the CRP program: NOW, THEREFORE, it is mutually agreed as follows: I CITY agrees to transfer $180,000 of J.ts CRP fund apportionment to the AUTHORITY; 2. Upon notification by Caltrans that the apportionment is available for use, AUTHORITY agrees to transfer $144,000 of its sales tax revenue to CITY in a payment to be made upon such notification. 3. CITY agrees to use the received funds on CITY transportation related purpose. City of Lodi by: ATTEST: City Clerk -- ATTEST: clerk of the Authority 10/90 ALAMEDA COUNTY TRANSPORTATION AUTHORITY by: Chairman RECOMMENDED BY: A .- J- Gallardo APPROVED AS TO FORM: Legal Counsel ,, " SANTA CLkRA COUNTY TRAFFIC AUTHORITY 1754 TECHNOLOGY DRIVE, SUITS 224 SAN JOSE, CA 95110 TELEFAX DATE: — I I I Z1 1 �a TO: . S "�N Q- N! b L -AV PO -S OF: FFc3: k-, \ 1r FP -t p LA OF: Tlr.IJ.,I,IIViIN: (4UU) 433-3777 TELEFAX: (408) 453•-1321 COI•iMENTS : n 5 0 5 L \) S . -- � 9--'m 15 ia-c P-op-- vS 10 Q �AQS OF PAGES: 'Z! Cl.;UD TNG COVER SHEET% i 4 "—I AGREEMENT FOR ASSIGNMENT OF COMBINED ROAD PLAN APPORTIONMENT (CRP) This agreement is made and entered into this _ day of ,199-, by and between the Santa Clara County Traffic Authority, hcrcinaftct referred to as "Authority" and the hereinafter referred to as WITNESSETH: WHEREAS; wishes to assign 5 of its allocation of CRP funds to Authority in exchange for eighty pctccnt (80°x) of that amount in funds that m3y be used for any transportation-rciatcd put—se; - WHEREAS;- the Authority wishes to accept said assignment for use on a transportation project which qualifies for CR? funding; WHEREAS, the CRP funds art discounted to Authority because of expenditure restrictions and iaercased administrative costs associated with using said funds: WHEREAS, Title 23>, Section 150 of the United States Code provides for the transfer of CRP apportionments from an attributable urbanized areas 3t the request of the Governor with the approval of the appropriate local officials and the Secretary of the U.S. Department of Transportation; WHEREAS, Authority and I consider this assignment and exchange as fair and equitable treatment under the CRP program; Now, therefore, it is matually agreed as follows.- 1. ollows: 1. agrees to transfer S of its CRP fund apportionmcat to Authority; 2 Authority agrees to transfer $ to within 30 days of notification of the actual transfer of the funds in .Item 1 by the State Department of Transportation; and 3, agrees to use the funds received from Authority for transportation-rcJatcd purposes. AUTHORITY AGENCY Name Will Kemptoa, Execurive Director Santa Ciara County Title Traffic Authority i RLXA.LUEU N3. A RSI OF THE LOD I CITY Gass L AUIHOR0*,TG ME CITY MANAGER TO EXECUTE AN AGREEMENT WITH THE ALAMEDA COUNTY TRANSPORTATION AUTHORITY (ACTH) BE IT RESOLVED, that the City Council of the C i ty of Lodi hereby authorizes and di-ects the City Manager to execute on behalf of the City of Lodi that certain agreement between the City of Lodi and and the Alameda County Transportation Authority (ACTA) relating to the exchange of a portion of ` the ACTA' s funds fora portion of the City - of Lodi's Federal Aid Urban Funds at 80% discount, said ,agreement attached hereto and made part of this Resolution by reference and entitled Exhibit A, Passed and adopted this 19th day of December, 1990. =oc_ae__o.a.ccc==c,a_ac_aa_mance___ca.aoo_oe===c.__=o.a.e._:=om_ceeccao I hereby certify that Resolution No, was passed and adopted by the Lodi City Council in a req_ul ar meeting held December 19, 1990 by the followingvote: Ayes = Council Members - n Noes: Council Members - Absent: Council Members - Alice M Reimch City Clerk 90- RESFAU/TXTA.OIV