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HomeMy WebLinkAboutResolutions - No. 2018-157RESOLUTION NO. 2018-157 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE EXCHANGE OF FEDERAL TRANSIT ADMINISTRATION 5339 APPORTIONMENTS BETWEEN CITY OF LODI AND CITY OF MANTECA AND EXCHANGE OF FEDERAL TRANSIT ADMINISTRATION 5339 APPORTIONMENTS BETWEEN CITY OF LODI AND CITY OF TRACY WHEREAS, San Joaquin Council of Governments is requesting City of Lodi collaborate with City of Manteca and City of Tracy for the timely utilization of Federal Transit Administration (FTA) funds in an effort to support the advancement of transportation projects; and WHEREAS, City of Manteca will lend $192,771 of FTA 5339 funds, interest free, to City of Lodi to be repaid in Federal Fiscal Year (FFY) 2019/20; and WHEREAS, City of Tracy will lend $205,693 of FTA 5339 funds, interest free, to City of Lodi to be repaid in FFY 2018/19; and WHEREAS, staff recommends authorizing the City Manager to execute Exchange of Federal Transit Administration 5339 Apportionments between City of Lodi and City of Manteca, in the amount of $192,771, and Exchange of Federal Transit Administration 5339 Apportionments between City of Lodi and City of Tracy, in the amount of $205,693. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute Exchange of Federal Transit Administration 5339 Apportionments between City of Lodi and City of Manteca, in the amount of $192,771, and Exchange of Federal Transit Administration 5339 Apportionments between City of Lodi and City of Tracy, in the amount of $205,693. Dated: August 15, 2018 ------------------------------------------------------------------------ ------------------------------------------------------------------------ I hereby certify that Resolution No. 2018-157 was passed and adopted by the City Council of the City of Lodi in a regular meeting held August 15, 2018, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Johnson, Kuehne, and Mayor Nakanishi NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Mounce ABSTAIN: COUNCIL MEMBERS — None 7NNIFER FERRAIOLO City Clerk 2018-157