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1991/03/26 City Council Resolution (12)RESOLUTION NO. 91 -64 A RESOLUTION AUTHORIZING THE APPLICATION FOR LOAN FUNDS THROUGH THE CALIFORNIA TRANSPORTATION COMMISSION FOR LOCAL PROJECTS ON THE STATE HIGHWAY SYSTEM WHEREAS, under California State law, Chapter 15, Division 3, Sections2560 through 2565 of the Streets and Highways Code, a fund is established to provide short -term loans to cities and counties in order to advance funds for projects on the state highway system; and WHEREAS, this short -term loan program to cities and counties applies to those projects on the state highway system that are totally locally funded and /or are federal demonstration projects as described in the 1987 Federal Highway Act; and WHEREAS, the cities are eligible to apply for these funds through the California Transportation Commission for advance funding on such local highway transportation projects; and WHEREAS, the City has determined several of its projects to be in the state highway system which are predominantly funded locally; and WHEREAS, Rohnert Park has identified the following projects that may qualify under this short -term loan program: 1. Rohnert Park Expressway Interchange ultimate improvements 2. Wilfred Avenue ultimate interchange improvements 3. State Farm Drive /Business Park Drive freeway crossing 4. U. S. Highway 101 pedestrian overcrossing at Copeland Creek NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Rohnert Park that it hereby authorizes the City Manager to file an application to the California Transportation Commission for the short -term loan program. BE IT FURTHER RESOLVED that the City Manager is hereby authorized to execute any and all agreements necessary to secure the loan funding through this program. DULY AND REGULARLY ADOPTED this 26th day of March, 1991. ATTEST: Deputy City Cl HOLLINGSWORTH. AYNOPKPNS AYEREILLY YE SPIRO AYE ECK AYE 1 AYES: NOES: —2— ABSENT —2— ABSTAIN—L- CITY OF ROHNERT PARK CITY PARK �./ tom - -c-- — A._._ _ tMayor HOLLINGSWORTH. AYNOPKPNS AYEREILLY YE SPIRO AYE ECK AYE 1 AYES: NOES: —2— ABSENT —2— ABSTAIN—L-