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HomeMy WebLinkAbout031203 RES - 08/08/2017 Resolution authorizing the City Manager or designee to execute the "Notification for Additional Funding in 2017 (Street Maintenance Program)" in an amount of $2,716,127.00 accepting the Corpus Christi Regional Transportation Authority's fiscal year 2017 allocation to the City's Street Preventative Maintenance Program (SPMP) projects. Whereas, the Corpus Christi Regional Transportation Authority ("RTA") and the City of Corpus Christi ("City") entered into a revised Interlocal Agreement ("the Agreement"), approved by City Council on May 28, 2013; Whereas, the intent of the 2013 revision was to provide for RTA to increase its funding for street improvement projects; Whereas, as revised, the Agreement provides for RTA to allocate a percentage of its sales tax receipts based upon an allocation formula developed by the RTA; Whereas, the Agreement further provides that RTA's actual funding for each fiscal year is to be based on the budgeted amount for the Street Improvement Program adopted for the fiscal year; Whereas, Section 2 of the Agreement provides as follows: 2. The RTA is allocating a percentage of its sales tax receipts for funding the new Program, said amount to be allocated among all participating governmental units based upon an allocation formula developed by the RTA. The RTA's actual funding for the Program for each fiscal year shall be based on the amount budgeted for the Street Improvement Program adopted for the fiscal year. The projected funding for fiscal year 2013 under this Agreement is $2,281,891.00. Whereas, the RTA has contributed the following amounts over the previous four years to the City for street preventative maintenance: FY 2013 $2,281,891.00 FY 2014 2,547,728.00 FY 2015 2,658,487.00 FY 2016 2,814,839.00 Whereas, RTA has provided the City with the attached "Notification for Additional Funding in 2017 (Street Maintenance Program)" to be executed for the sole purpose of acknowledging this additional funding in the amount of$2,716,127.00 for its fiscal year 2017. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Manager or designee is authorized to execute the "Notification for Additional Funding in 2017 (Street Maintenance Program)", attached as Exhibit A, in the amount of $2,716,127.00 accepting the Corpus Christi Regional Transportation Authority's fiscal year 2017 allocation to the City's Street Preventative Maintenance Program and any other documents necessary to accept additional funding. ATTEST CITY OF CORPUS CHRISTI Re cca Huerta Joe I Com. City Secretary Ma 031203 INDEXED Cor pus�Christi, Texas of au (_,QT , 2017 The above resolution was passed by the following vote: Joe McComb Rudy Garza r Paulette Guajardo I Michael Hunter a I Debbie Lindsey-Opel , . / Ben Molina I ! ! Lucy Rubio i / �?Greg Scott , Carolyn Vaughn di 03 203 EXHIBIT A NOTIFICATION FOR ADDITIONAL FUNDING IN 2017 (Street Maintenance Program) The Regional Transportation Authority in Corpus Christi, Texas("RTA"), a metropolitan transit authority operating under Chapter 451 of the Texas Transportation Code, and the City of Corpus Christi, Texas ("City"), a municipal corporation. entered into a revised Interlocal Agreement (the "Agreement") in 2013 providing funding by the RTA to the City for a Street Maintenance Program. The RTA has allocated the amount of $2.716.127.00 for its fiscal year 2017 under the Agreement. Such funds shall be paid to the City for projects in the manner provided under the Agreement. As provided in the Agreement. the City has agreed to submit its proposed list of street improvement projects for fiscal year 2017 funding and file a report with the RTA within 90 days following the end of each year on the expenditure of the funds paid to the City during the previous fiscal year. The RTA additionally has adopted a policy to encourage contracting with disadvantaged business enterprises (DBEs) in all procurements and has adopted a goal of 13% participation for • the current year. The City is encouraged to provide contracting opportunities for DBEs in connection with the use of these funds and include the level of DBE participation in the final report. This Amendment is made for the sole purpose of acknowledging the funding for 20I7. All terms and conditions of the Agreement shall continue in full force and effect and are ratified and confirmed. EXECUTED IN DUPLICATE ORIGINALS this day of July, 2017. REGIONAL TRANSPORTATION AUTHORITY By: ` �`/ fo Jorge Cruz-Aedo. CEO ACCEPTED: CITY OF CORPUS CHRISTI.TEXAS By: Margie Rose, City Manager Date: . 2017. I '2788 R'I'A'.6 Int Locul'c17 Iruns6und-Not ice-CC doe•