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CC RES 1989-094RESOLUTION N0. 89 -94 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES APPROVING THE FIGHT GRIDLOCK ORDINANCE AND EXPENDITURE PLAN WHEREAS, maintaining and improving the operation of our aging and deteriorating transporation system is essential to preserving our standard of living and economic vitality and cur- rent revenues are not sufficient to meet current a.nd future needs; and WHEREAS, new street, highway, and transportation im- provements of at least an additional $7.5 billion are needed for cities and unincorporated areas in Los Angeles County; and WHEREAS, approval of a one -half cent sales tax increase would generate enough revenue to finance essential transportation projects contained in the Fight Gridlock Plan; and WHEREAS, the State of California and the federal government alone cannot solve the transportation problems in Los Angeles County and local jurisdictions must develop and implement new lo-cal funding programs; and WHEREAS, Los Angeles County may forfeit as much as $1 billion- over a ten -year period in new revenues generated by the proposed gas tax increase because we will not be able to match state funds available for highways, streets, and roads; and WHEREAS, the Los Angeles County Transporation Commis- sion has developed a countywide consensus on: (1) the essential projects to adequately deal with current and anticipated traffic congestion; and (2) a proposed Fight Gridlock Ordinance and Ex- penditure Plan to fund the implementation of these essential projects; and WHEREAS, the Los Angeles County Transportation Commis- sion is requesting the City of Rancho Palos Verdes to support the placement of the Fight Gridlock Ordinance and Expenditure Plan; NOW THEREFORE, BE IT RESOLVED, that the Rancho Palos Verdes City Council hereby approves the Fight Gridlock Ordinance and Expenditure Plan. BE IT FURTHER RESOLVED, that the Rancho Palos Verdes City Council urges the Los Angeles County Board of Supervisors to designate the Los Angeles County Transportation Commission as the Los Angeles County Local Transportation Authority. PASSED, APPROVED and ADOPTED this 3rd day of October, ATTEST- . � City C l rk State of California ) County of Los Angeles ) City of Rancho Palos Verdes ) ss yor I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 89 -94 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on October 3, 1989. U U Cityr lerk City f Rancho Palos,-, Verdes