Resolution No.
STOCKTON CITY COUNCIL
RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AND SUBMIT THE TRANSPORTATION DEVELOPMENT ACT CLAIM FOR FISCAL YEAR 2023-24 AND AUTHORIZING THE DEPOSIT OF FUNDS FOR THE SIDEWALK, CURB, AND GUTTER REPAIR PROGRAM PURSUANT TO STATE OF CALIFORNIA REQUIREMENTS The San Joaquin Council of Governments (SJCOG) is responsible for the ongoing administration of Transportation Development Act (TDA) funds provided from a State Tax allocation to its Local Transportation Fund (LTF) established in 1972. The funding is for local public transit and bicycle/pedestrian projects; and The LTF receives revenue from a 1/4 percent retail sales tax collected by the State of California in accordance with the TDA legislation; and The City is entitled to a formula-based apportionment of the statewide TDA tax revenue to offset costs related to transportation projects; and To receive TDA funds, the City is required to submit a claim to SJCOG, along with a Council resolution; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF STOCKTON, AS FOLLOWS:
The City Manager or his Designee is hereby authorized and directed to execute and submit a claim to SJCOG for the TDA tax revenue for Fiscal Year 2023-24.
The City Manager or his Designee is hereby authorized to receive and deposit the proceeds in TDA Fund 245 pursuant to State of California requirements for the Sidewalk, Curb, and Gutter Repair Program.
The City Manager is hereby authorized to take whatever actions are necessary and appropriate to carry out the purpose and intent of this Resolution.
PASSED, APPROVED, and ADOPTED January 23, 2024 .
KEVIN J. LINCOLN II
Mayor of the City of Stockton
ATTEST:
ELIZA R. GARZA, CMC
City Clerk of the City of Stockton