RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COMMERCE, CALIFORNIA, APPROVING MEMORANDUM OF UNDERSTANDING WITH THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY (LACMTA) FOR PROPOSITION “C” 40% DISCRETIONARY FUNDS WHEREAS, on November 6, 1990, the County of Los Angeles voters approved by majority Proposition C, an ordinance establishing a one-half percent sales tax for public transit purposes; and WHEREAS, MOU # MOU.PC23COM2 states that 40% of Proposition “C” funds will be used to improve transit services; and WHEREAS, the City shall utilize the funds (i) in accordance with the LACMTA Proposition C 40% Discretionary guidelines as adopted by LACMTA in May 1992, (ii) only for operating assistance of the applicable program "transit services" in the year of allocation for which the City has received funds, and cannot be carried over to the next fiscal year and (iii) in accordance with the LACMTA Board action in approving the funds; and WHEREAS, LACMTA is the agency responsible for administering these funds, and the City's share of the program funding starting FY 2023 is $1,184,893. This MOU is in effect from July 1, 2022, through June 30, 2032.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COMMERCE DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1: The City Council of the City of Commerce hereby finds and declares that the foregoing recitals are true and correct, and incorporates them herein as findings and as a substantive part of this Resolution.
Section 2: The City Council of the City of Commerce approve the Memorandum of Understanding (MOU) MOU.PC23COM2 for Proposition “C” 40% Discretionary Funds, with the Los Angeles County Metropolitan Transportation Authority (LACMTA).
Section 3: Authorize the Mayor to execute the MOU and this Resolution for and on behalf of the City of Commerce.
Section 4: This Resolution shall take full force and effect immediately upon adoption by the City Council.
PASSED, APPROVED, and ADOPTED this 26th day of July, 2022. ____________________________
Oralia Y. Rebollo, Mayor
ATTEST:
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Lena Shumway, City Clerk