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Resolution 13301CITY OF ALAMEDA RESOLUTION NO. 13 3 01 AUTHORIZING TIIE CITY MANAGER TO EXECUTE THE FOURTH AMENDMENT TO THE MEASURE B FUNDING AGREEMENT BY AND BETWEEN THE CITY OF ALAMEDA, THE ALAMEDA COUNTY TRANSPORTATION AUTHORITY (ACTA), THE PORT OF OAKLAND AND THE CITY OF OAKLAND FOR THE CROSS AIRPORT ROADWAY PROJECT WHEREAS in November 1986, the Alameda County voters enacted legislation which put in place a one -half percent (1/4%) sales tax to fund transportation projects; and WHEREAS one of the projects identified for funding was the Cross Airport Roadway Project, which project constructs a street from Harbor Bay Parkway across the Airport to Airport Drive, realigns Maitland Drive to offset the intersection, increases capacity on Airport Drive, grade separates Airport Drive at Doolittle Drive, extends 98th Avenue to Doolittle Drive and widens 98th Avenue between the freeway and Doolittle Drive; and WHEREAS in April 1996, the City Council authorized staff to enter into a Measure B Funding Agreement with the Alameda County Transportation Authority (ACTA), and the Port and City of Oakland for the design and construction of the project. This Agreement specified the City percentage of the local match to be 35.5% for a total cost of $6,035,000 and contained a termination date of December 31, 1997. The total project cost at that time was estimated to be $81,710,000; and WHEREAS on December 2, 1997, Council authorized the City Manager to execute amendments to he above agreements to extend the tea date to March 1, 1999 and to increase Alameda's share to $7,335,000. The total project cost at that time was estimated to be $97,500,000 and WHEREAS on February 18, 1998, as required by Guiding Policy 4.1.f of the General Plan, Council determined there was a net benefit to the City of Alameda associated with the construction of the project; and WHEREAS on June 15, 1999, the City Council authorized the City Manager to execute the Third Amended and Restated Measure B Funding Agreement for the Cross Airport Roadway Project and to increase Alameda's share to $8,835,000 for a total project cost of $104,085,354, and provide an additional $500,000 from future Transportation Improvement Funds (TIF) if necessary; and WHEREAS on September 5, 2000, the Port of Oakland Board of Commissions authorized $9,353,000 in additional funds for the project for a total project cost of $114,748,152, with specific provisions; and WHEREAS the Port of Oakland and ACTA requests the City of Alameda enter into a Fourth Amendment to provide the additional funds and specific provisions. NOW, THEREFORE, BE IT RESOLVED that the City Manager be authorized to execute in substantially the foini presented the Fourth Amendment to the Measure B Funding Agreement by and between the City of Alameda, the Alameda County Transportation Authority (ACTA), the Port of Oakland and the City of Oakland for the Cross Airport Roadway Project. BE IT FURTHER RESOLVED that the Council does not intend to authorize the City of Alameda to contribute any additional costs for the Cross Airport Roadway Project beyond the presently estimated cost of $8,835,000 plus an additional $500,000 from future (year 2011 to 2015) TIF funds now or in the future, and that additional funding for the project, if necessary, will need to come from outside sources, nor will Council authorize, support or agree to any reduction in the scope of the Cross Airport Roadway project or any new phasing of construction. 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 special meeting assembled on the 27th day of December 2000, by the following vote to wit: AYES: Councilmembers Daysog, DeWitt, Johnson and Mayor Appezzato - 4. NOES: Councilmember Kerr - 1 ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 28th day of December , 2000. Di e Felsch, City Clerk City of Alameda