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HomeMy WebLinkAbout2024-44 CC ResolutionRESOLUTION NO.2024-44 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA TO APPROVE THE FUNDS TRANSFER AGREEMENT (FTA) BETWEEN THE CITY OF TEMECULA AND THE CALIFORNIA DEPARTMENT OF TRANSPORTATION (CALTRANS) FOR ALLOCATION OF PRIORITY LEGISLATIVE BUDGET PROJECT (PLBP) FUNDS AND AUTHORIZE THE CITY MANAGER TO EXECUTE THE AGREEMENT AND ALL PERTINENT SUPPLEMENTAL AGREEMENTS, AMENDMENTS, OR DOCUMENTS FOR STATE -FUNDED PROJECTS THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The Legislature of the State of California has authorized funding for Priority Legislative Budget Projects (PLBP) as part of a budget appropriations bill, Section 19.569(b)(13), subdivision of the Budget Act of 2023 (the Act); and Section 2. Caltrans is the authorizing agency for the proper distribution and administration of the funding provided by this legislation, and the funds are not attached to an established state program or subject to the authority of the California Transportation Commission, unless specified in the program; and Section 3. Caltrans determined the best method for allocation to ensure the funds are used for the purposes specified in Section 19.259 of the Act is a funds transfer agreement (FTA); and Section 4. State legislation authorizing PLBP funds allow local agencies receiving PLBP funds to enter into an FTA, an agreement between Caltrans and the local agency, as the document used to self -attest to the proper use of funds, and to follow applicable laws and procedures, and allows for PLBP funds to be allocated as an advanced lump sum payment to the local agency; and Section 5. the City of Temecula shall only use PLBP funds, in the amount of $1,000,000 for the Ynez Road Improvements — Phase I project, as specified in the Act, and provide self - attestation verifying the intended use of funds shall be provided to Caltrans prior to the release of any funds, and the FTA is not valid until signed by both parties; and Section 6. The City Council approve the Funds Transfer Agreement (FTA) and authorize the City Manager to execute the Agreement and all Pertinent Supplemental Agreements, Amendments, or Documents for State Funded Projects. 1 PASSED, APPROVED, AND ADOPTED by the City Council of the City of Temecula this 11 h day of June, 2024. James Stewart, Mayor [SEAL] 1 1 1 1 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) 1, Randi Johl, City Clerk of the City of Temecula, do hereby certify that the foregoing Resolution No. 2024-44 was duly and regularly adopted by the City Council of the City of Temecula at a meeting thereof held on the 11 cn day of June, 2024, by the following vote: AYES: 4 COUNCIL MEMBERS: Alexander, Kalf is, Schwank, Stewart NOES: 0 COUNCIL MEMBERS: None ABSTAIN: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None ;- Randi Johl, City Clerk 3