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HomeMy WebLinkAbout081-87RESOLUTION NO. 81-87 ARESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF DANVILLE CERTIFYING THE AVAILABILITY OF MATCHING FUNDS SHOULD THE PARK AND RIDE PROJECT BE APPROVED FOR FEDERAL AID URBAN PROGRAM FUNDING WHEREAS, The Town of Danville intends to undertake a project providing for the construction of a Park and Ride lot at the intersection of 1-650 and Sycamore Valley Road, including a bus turnout and pedestrian and vehicular circulation improvements in the City of Danville; and WHEREAS, said project may qualify for federal funds, provided the Town of Danville has certified that matching funds will be made available should the project be funded with Federal Aid Urban funds; and WHEREAS, such matching funds are estimated to be approximately $350,000 as described on Exhibit A, attached hereto and hereby made a part hereof; and WHEREAS, the Town of Danville is desirous of obtaining outside funding in the form of Federal Aid Urban Program monies; NOW, THEREFORE, BE IT RESOLVED, that the Town Council of the Town of Danville does hereby certify that matching funds will be made available if the park and Ride facility is funded with Federal Aid Urban funds. PASSED AND ADOPTED this 3rd day of August , 1987, by the following vote: AYES: NAYES: None ABSENT: None ABSTAIN: None Kennett, Lane, McNeely, Offenhartz, Schlendorf ATTEST: /~ ~ity Clerk Originator: Engineering Department