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That the City of San Leandro shall, if any revenues or profits from any non-governmental <br /> use of property (or project) occur, that those revenues or profits be used exclusively for the public <br /> transportation services for which the project was initially approved, either for capital <br /> improvements or maintenance and operational costs, otherwise the MTC is entitled to a <br /> proportionate share equal to MTC's percentage participation in the project (s); and <br /> That assets purchased with RM 2 funds including facilities and equipment shall be used for <br /> the public transportation uses intended, and should said facilities and equipment cease to be <br /> operated or maintained for their intended public transportation purposes for their useful lives, that <br /> the MTC shall be entitled to a present day value refund or credit (at MTC's option) based on <br /> MTC's share of the Fair Market Value of the said facilities and equipment at the time the public <br /> transportation uses ceased, which shall be paid back to MTC in the same proportion that RM2 <br /> funds were originally used; and <br /> That the City of San Leandro shall post on both ends of the construction site(s)at least two <br /> signs visible to the public stating that the Project is funded with RM 2 Toll Revenues; and <br /> That the City of San Leandro authorizes its City Manager or his designee to execute and <br /> submit an allocation request for the environmental and design phases with MTC for RM2 funds in <br /> the amount of$40,000.00 for the project, purposes and amounts included in the project application <br /> attached to this resolution; and <br /> That the City Manager or his designee is hereby delegated the authority to make non- <br /> substantive changes or minor amendments to the Initial Project Report as he deems appropriate. <br /> BE IT FURTHER RESOLVED: <br /> That a copy of this resolution shall be transmitted to MTC. <br /> Introduced by Councilmember Gregory and passed and adopted this 7th day of October, <br /> 2013, by the following vote: <br /> Members of the Council: <br /> AYES: Councilmembers Cutter, Gregory, Prola, Reed, Souza; Mayor Cassidy (6) <br /> NOES: None (0) <br /> ABSENT: Councilmember Lee (I) <br /> • <br /> ATTEST: N-1714.9(A,Cf�(/1A--) gj-EV <br /> Marian Handa, City Clerk <br /> RESOLUTION NO. 2013-13 3 <br />