City of Rolling Hills - Prop A (2010) 411 • et ell,
PROPOSITION A ASSIGNMENT AGREEMENT
This Assignment Agreement is made and entered into this 14th day of
September, 2010, by and between the City of Rancho Palos Verdes and the City of
Rolling Hills,with respect to the following facts:
A. The City of Rancho Palos Verdes contracts with the Palos Verdes Transit
Authority for fixed route transit services. The municipal transit operations serve
residents on the Palos Verdes Peninsula and the Authority operates and maintains transit-
related equipment.
B. The City of Rolling Hills has an accumulation of uncommitted Proposition A
Local Return funds which could be made available to the City of Rancho Palos Verdes to
assist in providing the services described in Paragraph A of this Agreement. In exchange
for the assignment of the amount of General Funds indicated in Section 1 below by the
City of Rancho Palos Verdes, the City of Rolling Hills is willing to assign uncommitted
Proposition A Local Return funds to the City of Rancho Palos Verdes for the purpose
identified in Paragraph A.
Now, therefore, in consideration of the mutual benefits to be derived by
the parties and of the premises herein contained, it is mutually agreed as follows:
1. Exchange. The City of Rolling Hills agrees to assign $65,000 of its
uncommitted Proposition A Local Return funds to the City of Rancho Palos Verdes in
Fiscal Year 2010/11. In return,the City of Rancho Palos Verdes agrees to assign $48,750
in General Funds to the City of Rolling Hills in Fiscal Year 2010/11.
2. Consideration. The City of Rolling Hills shall assign the agreed upon
Proposition A Local Return funds to the City of Rancho Palos Verdes in one payment no
later than June 30, 2011. The City of Rancho Palos Verdes shall assign the agreed upon
General Funds to the City of Rolling Hills in one payment no later than June 30, 2011.
3. Term. This Agreement is effective on the date above written and for
such time as is necessary for both parties to complete their mutual obligations under this
Agreement.
4. Termination. Termination of this Agreement may be made by either
party before the date of approval of the project description covering the funds in question
by the Metropolitan Transportation Authority, so long as written notice of intent to
terminate is given to the other party at least five(5) days prior to the termination.
5. Notices. Notices shall be given pursuant to this Agreement by personal
service on the party to be notified, or by written notice upon such party deposited in the
custody of the United States Postal Service addressed as follows:
-1-
111
a. Anton Dahlerbruch, City Manager
City of Rolling Hills
2 Portuguese Bend Road
Rolling Hills, California 90274
b. Dennis McLean, Dir. Of Finance&Information Technology
City of Rancho Palos Verdes
30940 Hawthorne Blvd.
Rancho Palos Verdes, California 90275
6. Assurances
a. The City of Rancho Palos Verdes shall use the assigned Proposition A
Local Return Funds only for the purpose of providing the project discussed in Paragraph
A of this Agreement and within the time limits specified in Metropolitan Transportation
Authority's Proposition A Local Return Program Guidelines.
b. Concurrently with the Execution of this Agreement, the City of Rancho
Palos Verdes shall provide the Metropolitan Transportation Authority with the Standard
Assurances and Understandings Regarding Receipt of Use of Proposition A Funds
specified in the Guidelines regarding the use of the assigned Proposition A Local Return
Funds.
IN WITNESS WHEREOF, the parties hereto have caused this Assignment
Agreement to be executed by heir respective officers, duly authorized, on the day and
year written above.
CITY OF RANCHO PALOS VERDES CITY OF ROLLIN ILLS
By: PV If By: A /
City anager `����`i A":" .ger
Attest:
4,1t&CAIA,eak— Clieffidtta
City Clerk Deputy City Clerk
Approved as to Form:
fge.
City Atto -y Assistant City Attorney
s �
o wits
474P`'
City /e0 Lam► �► INCORPORATED JANUARY 24, 1957
O
NO. 2 PORTUGUESE BEND ROAD
�. ROLLING HILLS,CALIF.90274
(310)377-1521
FAX:(310)377-7288
SEP 1 6 2010
July 15, 2010
Ms. Carolyn Lehr
City Manager
City of Rancho Palos Verdes
30940 Hawthorne Blvd.
Rancho Palos Verdes, CA 90275
Dear ;� !
At its meetingof September 13, 2010 and per the enclosed Resolution, the Rolling Hills
p
City Council authorized the exchange of$65,000 of its Proposition A funds with the
City of Rancho Palos Verdes at the rate of$0.75 in General Funds for$1.00 in
Proposition A Funds.
Enclosed you will find a Proposition A Assignment Agreement for execution. Please
return a signed original of the agreement to us. In turn, we will forward the appropriate
paperwork to the Los Angeles Metropolitan Transportation Authority (MTA). Once the
documents are completely executed, we will effectuate the exchange of funds.
Thank you for the partnership, as the exchange provides funding that will benefit our
respective communities. If there are any questions, Mr. Walker, the City's Finance
Director,can be contacted at 310.377.1521.
Sincer ly,
ton Dahlerbruch
City Manager
AD:hl
09-14-10Prop-A-Exchange-1 tr.doc
Enclosures (2)
c: Jim Walker, Finance Director
Printed on Recycled Paper
RESOLUTION NO. 1093 411
A RESOLUTION OF THE CITY COUNCIL OF 'THE CITY OF
ROLLING HILLS,CALIFORNIA,APPROVING AN AGREEMENT BY
AND BETWEEN THE CITY OF ROLLING HILLS AND THE CITY OF
RANCHO PALOS VERDES, AUTHORIZING AN EXCHANGE OF
PROPOSITION"A"TRANSPORTATION LOCAL RETURN FUNDS.
WHEREAS,the City of Rolling Hills has uncommitted Proposition"A"funds within its
reserve allocation in the amount of$65,000;and
WHEREAS,the City of Rancho Palos Verdes has transportation programs eligible to be
funded by Proposition"A"funds;and
WHEREAS,both cities agree that this exchange of funds would provide a benefit to both
agencies;and
WHEREAS, both cities and the Metropolitan Transportation Authority agree that these
projects/programs will be of benefit to the needs of local transportation services.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ROLLING HILLS,AS FOLLOWS:
Section 1. The City Council approves an Agreement for the exchange/acquisition of
General Funds from the City of Rancho Palos Verdes. Said Agreement is hereto attached as Exhibit
"A",and is made a part hereof by reference.
Section 2. The Mayor or his representative is hereby authorized to affix his signature
to this Resolution,indicating its approval.
Section 3. The City Manager is hereby directed and authorized to execute any
necessary documents,including,but not limited to agreements,amendments,forms,applications,etc.,to
follow through with the exchange of funds.
Section 4. The City Clerk,or duly appointed Deputy,is directed to attest thereto.
PASSED, APPROVED, AND ADOPTED BY THE CITY COUNCIL OF THE CITY
OF ROLLING HILLS ON THIS 13th DAY OF SEPTEMBER, 0
srs .- ,
1
; 'YOR41.460
..J
ATTEST:
Heidi Luce
Deputy City Clerk
Resolution No. 1093 -1-
1 i
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 1093 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS,CALIFORNIA,APPROVING AN AGREEMENT BY
AND BETWEEN THE CITY OF ROLLING HILLS AND THE CITY OF
RANCHO PALOS VERDES, AUTHORIZING AN EXCHANGE OF
PROPOSITION"A"TRANSPORTATION LOCAL RETURN FUNDS.
was approved and adopted at a regular meeting of the City Council on September 13, 2010, by the
following roll call vote:
AYES: Councilmembers Black,Heinsheimer,Hill and Mayor Pennell.
NOES: None.
ABSENT: Mayor Pro Tem Lay.
ABSTAIN: None.
oughlact
Heidi Luce
Deputy City Clerk
Resolution No. 1093 -2-
PALOS EI2DES
C ITYOF CHO
OFFICE OF THE CITY CLERK
September 23, 2010
Anton Dahlerbruch, City Manager
City of Rolling Hills
2 Portuguese Bend Road
Rolling Hills, CA 90274
Subject: Proposition A Assignment Agreement
Dear Mr. Dahlerbruch:
Enclosed is a fully executed copy of the above referred to agreement that was
approved bythe CityCouncil at its September 21, 2010 meeting. Also enclosed is
pp
a check in the amount of $48,750 per the agreement.
IfY ou have any questions about this agreement, please contact Dennis McLean in
our Finance & Information Technology Department at (310) 544-5212.
Yours very truly,
(2k&CIPOIttealt_
Carla Morreale
City Clerk
Enclosures
cc: Dennis McLean, Director of Finance & IT (with attachment)
W:\CONTRACT\Letters-transmittal for agmts&contracts\20101City of Rolling Hills-Prop A.doc
30940 HAWTHORNE BLVD./RANCHO PALOS VERDES,CA 90275-5391/(310)544-5217/FAX(310)544-5291/WWW.PALOSVERDES.COM/RPV
PRINTED ON RECYCLED PAPER
.
ill III
NG oti8
NY ,e,Q
CitO O L/Z LO OINCORPORATED JANUARY 24, 1957
Z
ce-' (33:
NO. 2 PORTUGUESE BEND ROAD
-- ROLLING HILLS,CALIF.90274
(310)377-1521
FAX:(310)377-7288
August 14, 2012 AUG 1 62012
Ms. Carolyn Lehr
City Manager L. 11
City of Rancho Palos Verdes
30940 Hawthorne Blvd.
Rancho Palos Verdes, CA 90275
1
1
Dear s. ti'
At its meeting of August 13, 2012 and per the enclosed Resolution, the Rolling Hills City
Council authorized the exchange of$60,000 of its Proposition A funds with the City of
Rancho Palos Verdes at the rate of$0.75 in General Funds for$1.00 in Proposition A
Funds.
Enclosed you will find a two original copies of the Proposition A Assignment
Agreement for execution. Please return two signed originals of the agreement to us. In
turn, we will forward the appropriate paperwork to the Los Angeles Metropolitan
Transportation Authority (MTA). Once the documents are completely executed, we
will effectuate the exchange of funds.
Thank you for the partnership, as the exchange provides funding that will benefit our
respective communities. If there are any questions, Mr. Shea, the City's Finance
Director, can be contacted at 310-377-1521.
Sincerel ,
6/'r
Ant Dahlerbruch
City Manager
AD:h1
08-14-12Prop-A-Exchange-1 tr.doc
Enclosures (3)
c: Terry Shea, Finance Director
0 Printed on Recycled Paper
4111 111
& - RESOLUTION NO. 1123
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS,CALIFORNIA,APPROVING AN AGREEMENT BY
AND BETWEEN THE CITY OF ROLLING HILLS AND THE CITY OF
RANCHO PALOS VERDES, AUTHORIZING AN EXCHANGE OF
PROPOSITION"A"TRANSPORTATION LOCAL RETURN FUNDS.
WHEREAS,the City of Rolling Hills has uncommitted Proposition"A" funds within its
reserve allocation in the amount of$60,000;and
WHEREAS, the City of Rancho Palos Verdes has transportation programs eligible to be
funded by Proposition"A"funds;and
WHEREAS,both cities agree that this exchange of funds would provide a benefit to both
agencies;and
WHEREAS, both cities and the Metropolitan Transportation Authority agree that these
projects/programs will be of benefit to the needs of local transportation services.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ROLLING HILLS,AS FOLLOWS:
Section 1. The City Council approves an Agreement for the exchange/acquisition of
General Funds from the City of Rancho Palos Verdes. Said Agreement is hereto attached as Exhibit
"A",and is made a part hereof by reference.
Section 2. The Mayor or his representative is hereby authorized to affix his signature
to this Resolution,indicating its approval.
Section 3. The City Manager is hereby directed and authorized to execute any
necessary documents,including,but not limited to agreements,amendments,forms,applications,etc.,to
follow through with the exchange of funds.
Section 4. The City Clerk,or duly appointed Deputy,is directed to attest thereto.
PASSED, APPROVED, AND ADOPTED BY THE CITY COUNCIL OF THE CITY
OF ROLLING HILLS ON THIS 13th DAY OF AUG• .012.
4
ALIO ,
Jam-/J Black,M.D.
Ma •r
ATTEST: i
cm,riiLtcL
Heidi Luce
Deputy City Clerk
Resolution No. 1123 -1-
•
STATE OF CALIFO fit )
•
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 1123 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS,CALIFORNIA,APPROVING AN AGREEMENT BY
AND BETWEEN THE CITY OF ROLLING HILLS AND THE CITY OF
RANCHO PALOS VERDES, AUTHORIZING AN EXCHANGE OF
PROPOSITION"A"TRANSPORTATION LOCAL RETURN FUNDS.
was approved and adopted at a regular meeting of the City Council on August 13, 2012, by the
following roll call vote:
AYES: Councilmembers Heinsheimer,Hill,Pernell and Mayor Black.
NOES: None.
ABSENT: Councilmember Lay(excused).
ABSTAIN: None.
C/141°6 -)
Heidi Luce
Deputy City Clerk
Resolution No. 1123 -2-