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HomeMy WebLinkAboutCC RES 01-029RESOLUTION NO. 01-29 A RESOLUTION OF THE CITY OF PALM DESERT, CALIFORNIA, CERTIFYING THE CITY WILL SUSTAIN ITS LEVEL OF EXPENDITURES FOR TRANSPORTATION PURPOSES WHEREAS, AB 2928, known as the Transportation Congestion Relief Fund, provides approximately $1 billion directly to cities and counties for preservation, maintenance and rehabilitation of the local street and road system; and WHEREAS, the City of Palm Desert is in receipt of $268,247.70 for fiscal year 2000/01; and WHEREAS, use of these funds imposes an MOE provision (per Government Code Section 14556.26) which requires cities to maintain their current level of general fund expenditures for transportation purposes; and WHEREAS, the formula is calculated on the average over the last three years (1996/97, 1997/98, and 1998/99) of City expenditures from the general fund for street, road and highway purposes, which is calculated to be $743,146.00; NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Palm Desert, California will sustain its level of general fund expenditures for transportation purposes in compliance with Government Code Section 14556.26. PASSED, APPROVED, and ADOPTED at the regular meeting of the Palm Desert City Council held on this 8th day of March, 2001, by the following vote, to wit: AYES: BENSON, CRITES, KELLY, SPIEGEL, FERGUSON NOES: NONE ABSENT: NONE ABSTAIN: NONE AYOR SERT, CALIFORNIA EILA R.GILLiN, CLERK CITY OF PALM DESE" , CALIFORNIA Last printed 02/27/2001 3 10 PM G lPoOWorkslSon,a De La Fuente\My Documents\RESOLUTIONSICemfyinp City Maintain Level of Expendrlures for Transportation Ooc