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0855RESOLUTION NO. 855 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS, CALIFORNIA, ASSIGNING TO THE CITY OF ROLLING HILLS ESTATES A PORTION OF ITS -AVAILABLE PROPOSITION C TRANSPORTATION FUNDS. WHEREAS, the City of Rolling Hills has a fund balance of approximately $21,074 in Proposition C Local Return Funds; and WHEREAS, the City of Rolling Hills Estates is planning to resurface Silver Spur Road between Palos Verdes Drive North and Kingspine Road and Crenshaw Boulevard between Silver Spur Road and Palos Verdes Drive North which represents public street improvements qualifying for funding with Proposition C Local Return Funds; and WHEREAS, the City of Rolling Hills has a general interest in street improvement projects in the City of Rolling Hills Estates. NOW, THEREFORE, the City Council of the City of Rolling Hills, California, does hereby resolve as follows: Section 1. The City of Rolling Hills hereby assigns to the City of Rolling Hills Estates $12,000, in Rolling Hills Proposition C Funds to assist in the cost of resurfacing Silver Spur Road and Crenshaw Boulevard. Section 2. The City Clerk shall certify to the adoption of this Resolution and shall forward certified copies to the Los Angeles County Metropolitan Transportation Authority and the City of Rolling Hills Estates. Section 3. The City Manager 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. APPROVED AND ADOPTED this 8th day of February, 1999. 4'. " I ) � � r'N� C4 Frank E. Hill Mayor ATTEST: Marilyn L. Kern Deputy City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF ROLLING HILLS ) The foregoing Resolution No. 855 entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING HILLS, CALIFORNIA, ASSIGNING TO THE CITY OF ROLLING HILLS ESTATES A PORTION OF ITS AVAILABLE PROPOSITION C TRANSPORTATION FUNDS. was approved and adopted at a regular meeting of the City Council on February 8, 1999, by the following roll call vote: AYES: Councilmembers Lay, Murdock, Pernell and Mayor Hill. NOES: None. ABSENT: Mayor Pro Tem Heinsheimer. ABSTAIN: None . Marilyn L. (Kern Deputy City Clerk Resolution No. 855 -1-