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CC Resolution 10007 RESOLUTION NO. 10007 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING THE CITY MANAGER TO EXECUTE A COOPERATIVE AGREEMENT WITH THE SANTA CLARA VALLEY TRANSPORTATION AUTHORITY FOF THE USE OF 1998 MEASURE B BICYCLE FUNDS AND APPROVING A BUDGET ADJUSTMENT WHEREAS, Valley Transportation Plan 2020 includes Tier 1 Bicycle Projects along Los Gatos Creek, and on Hamilton A venue at Highway 17, within the City of Campbell; and WHEREAS, Tier 1 Bicycle Projects will be funded out of the Bicycle Expenditure Plan; and WHEREAS, the Bicycle Expenditure plan includes $12 million from the 1998 Measure B Bicycle Program; and WHEREAS, the Santa Clara Valley Transportation Authority (VTA) has been designated as the Program Manager for the 1998 Measure B Bicycle Program and is responsible for disbursing Measure B Bicycle Funds; and WHEREAS, the City of Campbell desires to initiate alternative design studies of these Tier 1 projects. NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Campbell hereby authorizes the City Manager to execute Cooperative Agreements with that Santa Clara Valley Transportation Authority for 1998 Measure B Bicycle Funds; and approves the attached budget adjustment. PASSED AND ADOPTED this ih day of May, 2002, by the following roll call vote: AYES: Councilmembers: Dean, Burr, Kennedy, Furtado, Watson NOES: Councilmembers: None ABSENT: Councilmembers: None APPROVED: ~,- J~nette Watson, Mayor A~ " ~Nu- Anne Bybee, City Clerk ~ City of Campbell Request for Budget Adjustment Division Dete Re uest No. PUBLIC WORKS ADMINISTRATION 07-May-02 ~ ~~-O~-~\ Budget to be Reduced: Fund Account Number Account TItle Amount 295 3,. Park Dedication Fees Beginning Fund Balance 522,560 ~ $22,560 Budget to be Increased: Fund Account Number Account TItle Amount 435 0209.7430 Los Gatos Creek Trail Improvements $112,800 435 535.6999 Capital Transfer In $22,560 295 0209.9999 Capital Transfer Out $22,560 435 535.4921 Project Revenue (VTA) $90,240 $112,800 REASON FOR REQUEST - BE SPECIFIC: Advancing FY 2004/05 CIP Project to current year to take advantage of 1998 Measure B Bicycle Funds providing 80% funding for Los Gatos Creek Trail Improvements. VTA to provide $90,240 in funding. Robert