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Att#2 Resolution 2022-65

City Council/Public Financing Authority
November 1, 2022

Document
Att#2 Resolution 2022-65
Meeting
November 1, 2022
Body
City Council/Public Financing Authority
Original file
286 KB
Text extracted from the city's file for reading and search. Open the original on huntingtonbeach.legistar1.com. That file is the official record.

RESOLUTION NO. 2022-65

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH

AUTHORIZING A REQUEST FOR ESCALATION TO PROJECT P PRIOR ALLOCATION

FROM THE ORANGE COUNTY TRANSPORTATION AUTHORITY (OCTA) FOR THE

BOLSA CHICA STREET / VALLEY VIEW STREET CORRIDOR PROJECT - PROJECT P

REGIONAL TRAFFIC SIGNAL SYNCHRONIZATION PROGRAM - COMPREHENSIVE

TRANSPORTATION FUNDING PROGRAM
WHEREAS, the Orange County Transportation Authority (OCTA) conducted a Call for Projects under the Measure M2 Regional Traffic Signal Synchronization Program; and WHEREAS, the City of Huntington Beach applied for and received an allocation from OCTA to fund the Bolsa Chica Street / Valley View Street Corridor Project; and WHEREAS, the City of Huntington Beach originally established Fiscal Year 2020/2021 as the program year to commence the design phase for the Bolsa Chica Street / Valley View Street Corridor Project; and
WHEREAS, the City of Huntington Beach requested and subsequently received a delay in the project implementation to Fiscal Year 2022/2023 as the program year to commence the design phase for the Bolsa Chica Street / Valley View Street Corridor Project; and WHEREAS, construction cost have experienced increases since the originally programmed project implementation date; and
WHEREAS, the OCTA Comprehensive Transportation Funding Program (CTFP) Guidelines requires agencies to request authorization from their governing boards if an escalation in grant funding is requested
NOW, THEREFORE, BE IT RESOLVED that the City of Huntington Beach, does hereby resolve as follows:

1. That the Director of Public Works is hereby authorized to request an escalation adjustment to the original grant allocation for construction activities from OCTA for the Bolsa Chica Street / Valley View Street Corridor, Project P Traffic Signal Synchronization Program.

2. The City of Huntington Beach will continue to provide matching funds at the rate specified in the project's application to the Orange County Transportation Authority.

RESOLUTION NO. 2022-65
PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the day of , 2022.

Mayor
ATTEST:

City Clerk APPROVED AS TO FORM:

REVIEWED AND APPROVED: City Attorney a
INITIATED AND APPROVED:

City Manager
Director of Public Works

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