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HomeMy WebLinkAbout051-08 RESOLUTION NO. 51-2008 APPROVING THE PLAN FOR USE OF THE PROPOSITION 1B - LOCAL STREETS AND ROADS IMPROVEMENT, CONGESTION RELIEF, AND TRAFFIC SAFETY ACCOUNT FUNDS WHEREAS, Proposition IB provides $19.925 billion in bond funds for a variety of transportation priorities, including $2 billion for cities, towns, and counties to fund maintenance and improvement of local transportation facilities; and WHEREAS, a total of $959 million has been appropriated for distribution in Fiscal Year 2007-08. The Town's share is $1,333,483, based on population. The 2007-08 allocation is $686,987; and WHEREAS, after careful review, the Town has identified those projects shown on Exhibit 1 as projects to be included in the Proposition IB plan;" now, therefore, be it RESOLVED, by the Danville Town Council that the plan for use of the Proposition IB - Local Streets and Roads Improvement, Congestion Relief, and Traffic Safety Account Funds is shown as Exhibit 1, attached and made a part hereto. APPROVED by the Danville Town Council at a regular meeting on May 6, 2008, by the following vote: AYES: NOES: ABSTAINED: ABSENT: Andersen, Arnerich, Doyle, Shimansky None None Stepper /J~ Cw.~ ~ P;;:;;B~~ORM: CITY ATTORNEY