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Resolution 12888CITY OF ALAMEDA RESOLUTION NO. 12888 AUTHORIZING THE CITY MANAGER TO APPLY FOR REGIONAL MEASURE 1 - 3%- FUNDS FOR OPERATING SUBSIDY FOR THE ALAMEDA/OAKLAND FERRY SERVICE AND TO ENTER INTO ALL AGREEMENTS NECESSARY TO SECURE THESE FUNDS WHEREAS, Regional Measure 1 - 396- (November 1988) created new revenues, among which are the "Three Percent Reserve" funds, for allocation by Metropolitan Transportation Commission (MTC); and WHEREAS, the "Three Percent Reserve" can be used to fund planning, operating, and capital projects, which are designed to reduce vehicular traffic on the bridges; and WHEREAS, the public entities are eligible applicants; and WHEREAS, the two ferry services in the City of Alameda are the Alameda/Oakland Ferry Service (AOFS) and the East End Ferry Service; and WHEREAS, the City identifies the AOFS and East End Ferry Service and its subsequent need for operational subsidy in its Budget as CIP 89-14. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Alameda does hereby approve the ferry service projects and authorizes the City Manager to apply for Regional Measure 1 "Three Percent Reserve" funds for operating subsidy for its ferry services and to enter into all agreements necessary to secure these funds. BE IT FURTHER RESOLVED that the City Clerk is hereby directed to forward a certified copy of this resolution to the Metropolitan Transportation Commission. 0 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 17th day of June , 1997, by the following vote to wit: AYES: Councilmembers Daysog, DeWitt, Kerr, Lucas and President Appezzato - 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 18th day of June , 1997. Dia e Felsch, City Clerk City of Alameda