CC RES 2012-063RESOLUTION NO. 2012 -63
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES, CALIFORNIA, ACCEPTING FROM THE CITY OF
ROLLING HILLS, CALIFORNIA ITS AVAILABLE TRANSPORTATION
DEVELOPMENT ACT ARTICLE 3 FUNDS.
WHEREAS, the City of Rolling Hills has a fund balance of. approximately fifteen
thousand dollars ($15,000) in Transportation Development Act Article 3 Funds ( "TDA Funds ")
comprising the City of Rolling Hills' portion of SB 821 funds collected. by the County of Los
Angeles for the development of bicycle and pedestrian facilities; and
WHEREAS, the City of Rolling Hills does not have projects that are
eligible for funding with TDA Funds; and
WHEREAS, the City of Rancho Palos Verdes has identified projects that qualify
for funding with TDA Funds; and
WHEREAS, the City of Rolling Hills has a general interest in supporting eligible
projects for transportation to maintain traffic flow and to improve bicycle and pedestrian facilities
on the Palos Verdes Peninsula; and
WHEREAS, at this time the City of Rolling Hills wishes to allocate TDA Fund
balances to other public agencies, including to the City of Rancho Palos Verdes, to be utilized
for an eligible use; and
WHEREAS, at this time the City of Rancho Palos Verdes wishes to accept
Rolling Hills' allocation of any TDA Fund balances to be utilized for an eligible use; and
WHEREAS, the City of Rolling Hills has a well - established cost allocation
formula with the City of Rancho Palos Verdes and other cities for regional law enforcement and
other shared projects, reflecting proportional benefits received by each agency.
NOW, THEREFORE, the City Council of the City of Rancho Palos Verdes,
California, does hereby resolve as follows:
Section 1. The City of Rancho Palos Verdes hereby accepts the City of
Rolling Hills' assignment of sixty -five percent (65 %) or $9,750 of its accumulated balance of
TDA Funds.
Section 2. The City of Rolling Hills will submit its documentation for the Los
Angeles Metropolitan Transportation Authority to allocate these funds to the City of Rancho
Palos Verdes for the appropriate eligible programs.
Section 3. The City Clerk of the City of Rolling Hills shall forward certified
copies of the City of Rolling Hills' resolution assigning such funds to the City of Rancho Palos
Verdes.
Section 4. The City Manager of the City of Rancho Palos Verdes is hereby
directed and authorized to execute any necessary documents, including, but not limited to
agreements, amendments, forms and applications to follow through with this transfer of funds.
PASSED, APPROVED, AND ADOPTED THIS 4th DAY OF SEPTEMBER 2012.
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ATTEST:
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )ss
CITY OF RANCHO PALOS VERDES )
I, Carla Morreale, City Clerk for the City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2012 -63 was duly and regularly passed and adopted by the said City
Council at a regular meeting held on September 4, 2012.
City Clerk
Resolution No. 2012 -63
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