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HomeMy WebLinkAbout2024-46 - OCTA Funding for Measure M2 Regional Traffic Synchronization ProgramRESOLUTION NO. 2024-46 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, APPROVING THE SUBMITTAL OF A FUNDING APPLICATION TO THE ORANGE COUNTY TRANSPORTATION AUTHORITY FOR FUNDING UNDER THE COMPETITIVE MEASURE M2 REGIONAL TRAFFIC SYNCHRONIZATION PROGRAM (RTSSP) THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA DOES HEREBY FIND AND DECLARE AS FOLLOWS: WHEREAS, the Measure M2 Regional Traffic Signal Synchronization Program targets over 2,000 signalized intersections across Orange County to maintain traffic signal synchronization, improve traffic flow, and reduce congestion across jurisdictions; and WHEREAS, the City of Costa Mesa has been declared by the Orange County Transportation Authority to meet the eligibility requirements to receive revenues as part of Measure M2; and WHEREAS, the CITY must include all projects funded by Net Revenues in the seven- year Capital Improvement Program as part of the Renewed Measure M Ordinance eligibility requirement; and WHEREAS, the CITY authorizes a formal amendment to the seven-year Capital Improvement Program to add projects approved for funding upon approval from the Orange County Transportation Authority Board of Directors, if necessary; and WHEREAS, the City of Costa Mesa has currently adopted a Local Signal Synchronization Plan consistent with the Regional Traffic Signal Synchronization Master Plan as a key component of local agencies' efforts to synchronizing traffic signals across local agencies' boundaries; and WHEREAS, the City of Costa Mesa will provide matching funds for each project as required by the Comprehensive Transportation Funding Programs Procedures Manual; and WHEREAS, the City of Costa Mesa will not use Renewed Measure M funds to supplant Developer Fees or other commitments; and WHEREAS, the City of Costa Mesa desires to implement multi -jurisdictional signal synchronization listed below. Resolution No. 2024-46 Page 1 of 3 NOW, THEREFORE, BE IT RESOLVED THAT: The City Council of the City of Costa Mesa hereby requests the Orange County Transportation Authority allocate funds in the amounts specified in the City's application to said City from the Regional Traffic Signal Synchronization Program. Said funds, if approved, shall be matched by funds from said City as required and shall be used as supplemental funding to aid the City in signal synchronization along the following street(s): Bristol Street Traffic Signal Synchronization RTSSP 25/26 Resolution No. 2024-46 Page 2 of 3 ATTEST: Z"r) dal on"Ji- Brenda Green,�tity Clerk STATE OF CALIFORNIA COUNTY OF ORANGE CITY OF COSTA MESA Kimberly Hall Barlow, City Attorney 1, BRENDA GREEN, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 2024-46 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 1 gth day of November, 2024, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: CHAVEZ, GAMEROS, HARPER, MARR, HARLAN, AND STEPHENS. FTAI 0-WQ I I U00111 Lne I I a & I a Ta [ a a 203 603 1 a Will 1 [91 IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City of Costa Mesa this 20th day of November 2024. BRENDA GRE#N, CITY CLERK