Resolution No. 8877
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7 Vernon
RESOLUTION NO. 8877
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
VERNON AUTHORIZING THE EXPENDITURE OF CITY FUNDS
FOR VERNON'S FY 2005-2006 CONTRIBUTION TO THE
ORANGELINE DEVELOPMENT AUTHORITY
WHEREAS, on August 27, 2003, the City Council of the City of
adopted Resolution No, 8267 approving a Joint Exercise of Powers
8 Agreement creating the Orangeline Development Authority (the
9 "Authority"), a Joint Powers Agency, and approving the City's
10 participation as a voting member in the Authority; and
11 WHEREAS, the Authority was established to deploy the
12 Orangeline high-speed maglev system in Southern California; and
13 WHEREAS, during the previous fiscal year, the Authority
14 accomplished key objectives toward advancing the Orangeline project;
15 and
16 WHEREAS, during the coming fiscal year, Authority activities
17 will focus on: adding more cities to expand the Authority's
18 membership base; performing initial studies to verify project
19 feasibility and financial viability; securing investments from public
20 and private sources for the next phase of work; and securing access to
21 public rights-of-way needed for the project; and
22 WHEREAS, the Authority has requested member contributions
23 for the 2005-2006 fiscal year as well as a proportionate share of the
24 development matching costs of ARCADIS, lead firm of a consortium of
25 local and international companies advancing the Orangeline project;
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27 WHEREAS, the City of Vernon's membership contribution for
28 the 2005-2006 fiscal year is $5,502.00 and its proportionate share of
1 development matching costs is $8,987.00 for a total of $14,489,00; and
2 WHEREAS, the proposed Orangeline project is consistent with
3 the goals and objectives of the Vernon General Plan as it relates to
4 promoting and improving public transportation; and
5 WHEREAS, the City's continued membership in the Authority
6 will substantially benefit the residents and businesses in the City of
7 Vernon and will provide benefits to the Southeast region; and
8 WHEREAS, to ensure that the City's interests are well served
9 and to help ensure the success of the Orangeline project, the City
10 desires to maintain its active membership in the Authority; and
11 WHEREAS, the use of Parcel Tax Fund monies for membership
12 and development cost contributions are consistent with applicable
13 guidelines and regulations governing the expenditure of said funds,
14 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
15 CITY OF VERNON AS FOLLOWS:
16 SECTION 1: The City Council of the City of Vernon hereby
17 finds and determines that the recitals contained hereinabove are true
18 and correct.
19 SECTION 2: The City Council of the City of Vernon hereby
20 approves the City's continued membership in the Orangeline Development
21 Authority.
22 SECTION 3: The City Council of the City of Vernon hereby
23 approves the expenditure of Parcel Tax Fund monies in the amount of
24 $14,489,00 to the Authority for membership and development
25 contributions for the 2005-2006 fiscal year.
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SECTION 4:
The Acting City Clerk of the City of Vernon
2 shall certify to the passage of this resolution, and thereupon and
3 thereafter the same shall be in full force and effect,
4 APPROVED AND ADOPTED this 19th day of October, 2005.
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.'1~r~L~~L/~~1~'
~ LEQNIS C. M~ BURG, ayor
ATTEST: ~,.
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11 BRUCE V. MALKENHORST, JR.
Acting City Clerk
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1 STATE OF CALIFORNIA
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COUNTY OF LOS ANGELES
I, BRUCE V. MALKENHORST, JR., Acting City Clerk of the City of
Vernon, do hereby certify that the foregoing Resolution, being
Resolution No. 8877, was duly adopted by the City Council of the City
of Vernon at a regular meeting of the City Council duly held on
Wednesday, October 19, 2005, and thereafter was duly signed by the
9 Mayor of the City of Vernon,
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BRUCE V, MALKENHORST, JR.
Acting City Clerk
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(SEAL)
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SUPPORTING
DOCUMENTS
PAY TO
THE
ORDER OF
CHECK
NUMBER 308546
CHECK AMOUNT
$14,489.00
VOID AFTER 90 DAYS
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u. :loa 5.. 1;1" .:, ~ ~0001; I; I.': I." 5 q"H1 I.o..a :I'"
aTY OF VERNON · 4305 SANTA FE AVE. . VERNON, CALIFORNIA 90058-0805
'ENDOR NO. VENDOR NAME DATE CHECK ISSUED CHECK NO.
002896 ORANGELINE DEVELOPMENT AUTHORITY 10/31/05 308546
CITY ACCOUNT NUMBER YOUR INV. NO. YOUR INY. DATE PAYMENT DESCRIPTION DISC. TAKEN NET AMT. PAle
095-500-5095-9000-0 lANGEDA 2005-2006 CITY'S CONTRIBUTION 14,489.0
FILE DATE: 1l/16/05cm