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Resolution 12961CITY OF ALAMEDA RESOLUTION NO.12961 AUTHORIZING THE CITY MANAGER TO APPLY FOR REGIONAL MEASURE 1 - 2z FUNDS FOR OPERATING SUBSIDY FOR THE EAST END FERRY SERVICE AND TO ENTER INTO ALL AGREEMENTS NECESSARY TO SECURE THESE FUNDS WHEREAS, Regional Measure 1 (November 1988) created new revenues, among which are the "Two Percent Reserve" funds, for allocation by Metropolitan Transportation Commission; and WHEREAS, the "Two Percent Reserve" can be used to fund planning, operating, and capital projects,- for water transit purposes which are designed to reduce vehicular traffic on the bridges; and WHEREAS, the public entities are eligible applicants; and WHEREAS, the City of Alameda operates the Ferry Service; and WHEREAS, at the December 16, 1997 Council Meeting, Council dentified the need for an operational subsidy for the East End Ferry Service. NOW, THEREFORE, BE IT RESOLVED that the Council of the City of Alameda does hereby approve the East End Ferry Service Project and authorizes the City Manager to apply for Regional Measure 1 "Two Percent Reserve" funds for operating subsidy for the East End Ferry Service and to enter into all agreement 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. 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 February , 1998, 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 February , 1998. Diane lsch, C y Clerk City o Alameda