-1-
RESOLUTION NO. 23-0079
A RESOLUTION OF THE MANHATTAN BEACH CITY COUNCIL
APPROVING A FUNDING AGREEMENT BETWEEN THE LOS
ANGELES METROPOLITAN TRANSPORTATION AUTHORITY
AND CITY OF MANHATTAN BEACH FOR A MEASURE R AND
MEASURE M GRANT AWARD FOR THE MANHATTAN BEACH
BOULEVARD AND PECK AVENUE TRAFFIC SIGNAL
IMPROVEMENT PROJECT FOR $840,000
THE MANHATTAN BEACH CITY COUNCIL HEREBY RESOLVES AS
FOLLOWS:
SECTION 1. The Council approves a Measure R and Measure M Funding Agreement between the Los Angeles County Metropolitan Transportation Authority (LACMTA) and City of Manhattan Beach for $ 840,000 to fund the construction of the Manhattan Beach Boulevard and Peck Avenue Traffic Signal Improvement Project.
SECTION 2. The Council a uthorizes the City Manager to execute the Measure R and Measure M Funding agreement and any subsequent administrative amendments.
SECTION 3. The Council approves an adjustment of $840,000 in Measure R Fund Revenue for the Manhattan Beach Boulevard and Peck Avenue Traffic Signal Improvement Project.
ADOPTED on June 20, 2023.
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________________
RICHARD MONTGOMERY
Mayor
ATTEST:
_________________________________
LIZA TAMURA
City Clerk