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Resolution 12700CITY OF ALAMEDA RESOLUTION NO. 12700, AUTHORIZING SUBMITTAL OF A TRANSIT CAPITAL IMPROVEMENT (TCI) PROJECT APPLICATION FOR THE ACQUISITION OF A REPLACEMENT FERRY VESSEL FOR THE ALAMEDA/OAKLAND FERRY SERVICE WHEREAS, the City Attorney had found that the City has the financial and institutional ability to implement a project for the acquisition of a replacement ferry vessel and that the City is empowered to: let a contract; to sue or be sued by another entity or person; and WHEREAS, the primary purpose for acquiring a replacement ferry vessel will be to benefit the public and will not benefit a private entity or individual; and WHEREAS, matching funds from both the EDA grant fund and ISTEA STP fund required for this project have been applied for and will be available and committed to this project by July, 1997; and the City will have the authority to expend the funds; and WHEREAS, if the replacement ferry vessel acquisition project exceeds the state funds available, the City shall use other funds - to backfill the cost increases to complete the project; and WHEREAS, the City will comply with the California Transportation Commission's Timely Use of Funds policies. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that said Council hereby authorizes staff to apply for TCI funds for the acquisition of a replacement ferry vessel for the Alameda/Oakland ferry. BE IT FURTHER RESOLVED that said Council hereby guarantees matching funds, as hereinabove described, for said project. 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 7th day of November , 1995, by the following vote to wit: AYES: Councilmembers Arnerich, DeWitt, Lucas, Mannix and President Apoezzato - 5. NOES: None, ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 8th day of November , 1995. Diane . Felsch, City Clerk City of Alameda