Reso25 16337 - Laserfiche WebLink

Browse Search

ATTY/RESO.0074/CC RESO LONG-HAUL VANPOOL PROGRAM & AUTHORIZE SMCTA 2025 CYCLE TDM PROGRAM FUNDING REV: 07-14-25 VR Page 2 of 2 WHEREAS, to receive grant funding, the TA requires a governing board resolution from the Project Sponsor for the following items: 1. Supporting the Project and applications for $500,000 in TA Cycle 3 TDM Program funds for the Project; and 2. Committing the Project Sponsor to the completion of the granted phase of the Project, including the commitment of matching funds in the amount of $50,000 for the Project; and 3. Certifying that any funds awarded by the TA will be used to supplement existing funds for program activities, and will not replace existing funds or resources; and 4. Authorizing the City Manager of the Project Sponsor, or her designee, to sign a funding agreement with the TA, if funds are awarded, for TA Cycle 3 TDM Program funds for the Project and to take any other actions necessary to give effect to the resolution. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDWOOD CITY HEREBY RESOLVES AS FOLLOWS: 1. Project Sponsor staff is directed to submit an application for TA Cycle 3 TDM Program funds for $500,000 for the Project. 2. The City Manager, or her designee, is authorized to execute a funding agreement with the TA to encumber any Cycle 3 TDM Program funds awarded. 3. The Project Sponsor commits to the completion of the granted phases of the Project, including the commitment of matching funds needed for implementing the Project in the amount of $50,000, if awarded the requested TA funds for the Project. 4. The City Council certifies that any funds awarded by the TA will be used to supplement existing funds for program activities and will not replace existing funds or resources. 5. The City Manager is authorized to take any other actions necessary to give effect to this resolution. 6. The resolution shall go into effect immediately. * * *