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Resolution 11385CITY OF ALAMEDA RESOLUTION NO. 11385 AUTHORIZING APPROPRIATION OF $25,000 FROM THE CONSTRUCTION IMPROVEMENT TAX PROCEEDS TO FINANCE THE DEVELOPER'S SHARE FOR THE CROSS AIRPORT ROADWAY WHEREAS, on May 7, 1986, the City Council approved the Construction Improvement Tax of 1% on all construction projects exceeding $5,000; and WHEREAS, Harbor Bay Isle Associates has contributed over $217,000 from Harbor Bay Business Park and over $755,000 from the Harbor Bay residential construction projects; and WHEREAS, the Port of Oakland has proposed that a Joint Powers Agency be formed to administer the Cross Airport Roadway project and to enter into an agreement with the Alameda County Transportation Agency to acquire the funding from the Agency; and WHEREAS, before the Joint Powers Agency can be formed it is necessary to generate more information about the project including traffic analysis, initial design and preliminary cost estimate to determine the contribution of each agency; and WHEREAS, the estimated cost of this project is $100,000 with the City and the Port sharing the cost equally; WHEREAS, Harbor Bay Isle Associates and the City will share the City's cost equally; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that the sum of $25,000 is hereby appropriated from the Construction Improvement Tax Proceeds to finance the ' developer's share of traffic analysis, initial design, and 1ZEpreliminary cost estimate preparatory to forming the Joint Powers Agency for the Cross Airport Roadway. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 19th of January, 1988, by the following vote to wit: AYES: Councilmembers Camicia, Haugner and President Corica - 3. NOES: Councilmembers Monsef and Thomas - 2. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 20th day of January, 1988. / 1:-// /91_ City Clerk of the City of Alameda