1175 need exhibit.pdfRESOLUTION NO. 1175
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS, CALIFORNIA, ASSIGNING TO THE CITY OF
ROLLING HILLS ESTATES ITS AVAILABLE PROPOSITION C
TRANSPORTATION FUNDS, AND MEASURE R FUNDS.
WHEREAS, the City of Rolling Hills has a fund balance of approximately $70,000 in
Proposition C Local Return Funds for transportation projects; and
WHEREAS, the City of Rolling Hills has a fund balance of approximately $50,000 in
Measure R Funds for transportation projects; and
WHEREAS, the City of Rolling Hills does not have projects that are eligible for funding
with Proposition C Local Return Funds or Measure R Funds; and
WHEREAS, the City of Rolling Hills Estates and Rancho Palos Verdes have identified
projects that qualify for funding with Proposition C Local Return Funds and Measure R Funds; and
WHEREAS, the City of Rolling Hills has a general interest in supporting eligible projects
for transportation, to maintain traffic flow and to improve bicycle and pedestrian facilities on the Palos
Verdes Peninsula; and
WHEREAS, the City of Rolling Hills has the specific interest in improving the
intersection of Palos Verdes Drive North at Portuguese Bend Road/Rolling Hills Road; and
WHEREAS, at this time the City wishes to allocate Proposition C Local Return Fund and
Measure R Fund balances to other public agencies to be utilized for an eligible use;
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 its total accumulated balance of Proposition C Local Return Funds and Measure R Funds.
Section 2. The City of Rolling Hills hereby assigns to the City of Rolling Hills
Estates $120,000 consisting of $70,000 in Proposition C Local Return Funds and $50,000 in Measure R
Funds for intersection improvements and signal improvements.
Section 3. The City Council approves an Agreement for the assignment of said funds.
Said Agreement is hereto attached as Exhibit "A", and is made a part hereof by reference.
Section 4. The City of Rolling Hills will submit its documentation for the Los
Angeles Metropolitan transportation Authority to allocate these funds to the City of Rolling Hills
Estates for the appropriate eligible programs in the City.
Section 5 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 6. 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 1 Vh day of May, 2015.
Jeff Pi er
Mayor
ATTEST:
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Heidi Luce
City Clerk
Resolution No. 1175 -1-
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 1175 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROLLING HILLS, CALIFORNIA, ASSIGNING TO THE CITY OF
ROLLING HILLS ESTATES ITS AVAILABLE PROPOSITION C
TRANSPORTATION FUNDS, AND MEASURE R FUNDS.
was approved and adopted at a regular meeting of the City Council on May 11, 2015, by the following
roll call vote:
AYES: Councilmember Dieringer, Mirsch Wilson and Mayor Pieper.
NOES: Councilmember Black.
ABSENT: None.
ABSTAIN: None.
Heidi Luce
City Clerk
Resolution No. 1175 -2-