CC Resolution 11453RESOLUTION NO. li~ss
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
AUTHORIZING THE CITY MANAGER TO EXECUTE A FUNDING AGREEMENT WITH THE
SANTA CLARA VALLEY TRANSPORTATION AUTHORITY (VTA) FOR THE VEHICLE
REGISTRATION FEE (VRF) PROGRAM
WHEREAS, on June 3, 2010, the Santa Clara Valley Transportation Authority (VTA) Board of
Directors adopted a resolution to place a ballot measure before the voters of Santa Clara
County in November 2010 to authorize a $10 increase in the Vehicle Registration Fee (VRF) for
transportation-related projects and adopted an expenditure plan (Attachment A) that allocates
the revenue to transportation-related programs and projects that have a relationship or benefit
to the persons who pay the fee; and
WHEREAS, on October 7, 2010, the VTA Board of Directors adopted administrative procedures
for the VRF program. These administrative procedures state that VTA will execute program
funding agreements with project sponsors (i.e., Member Agencies); and
WHEREAS, on November 2, 2010, the voters of Santa Clara County enacted the $10 vehicle
registration fee on motor vehicles registered within Santa Clara County to pay for programs and
projects bearing a relationship or benefit to the owners of motor vehicles paying the fee; and
WHEREAS, the Funding Agreement summarizes obligations of VTA and Campbell; and
WHEREAS, the City of Campbell will receive approximately $215,000 annually from VRF funds
for the Annual Street Maintenance Project by executing the funding agreement.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Campbell that the
City Manager is hereby authorized to execute a funding agreement between the City of
Campbell and the VTA for the Vehicle Registration Fee (VRF) Program.
PASSED AND ADOPTED this 4`h day of September, 2012, by the following roll call vote:
AYES: COUNCILMEMBERS: Cristina, Baker, Waterman, Kotowski
NOES: COUNCILMEMBERS None
ABSENT: COUNCILMEMBERS: Low
a ~.. __.._"~~P__ VE~J/ ~ /.
-t s2~-e. r,
Michael F. Kotowski, Mayor
ATT T.
Anne Bybee, Cit Clerk