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HomeMy WebLinkAbout21-260721-2607 RESOLUTION NO. A RESOLUTION BY THE CITY OF DENTON AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO APPLY FOR FUNDING UNDER THE DENTON COUNTY TRANSPORTATION REINVESTMENT PROGRAM (TRIP), PROVIDING FINANCIAL ASSISTANCE TO MEMBER CITIES FOR TRANSIT -SUPPORTIVE PROJECTS, THROUGH THE DENTON COUNTY TRANSPORTATION AUTHORITY (DCTA) IN THE AMOUNT OF $906,000 FOR THE FISCAL YEAR 2021 FUNDING PERIOD; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the objective of TRiP is to provide financial assistance to DCTA member cities for transit -supportive projects consistent with and beneficial to DCTA's Long -Range Service Plan Goals; and WHEREAS, the City of Denton ("City") is a member city of DCTA and is eligible to apply for TRIP funding; and WHEREAS, DCTA initially allocated $2,517,997 for the City of Denton in Fiscal Year 2021. WHEREAS, sales tax revenue performed better than expected providing an additional $906,000 in funding availability; and WHEREAS, the City is requesting $906,000 in TRiP assistance to fund two projects enhancing connectivity from transit to educational institutions and completing existing pedestrian improvement commitments; and WHEREAS, the City Council finds it in the public interest to authorize the City Manager, or designee, to apply for TRIP funds for the Fiscal Year 2021 funding period; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES: SECTION 1. The findings and recitation contained in the preamble of this Resolution are incorporated herein by reference. SECTION 2. The City will comply with all requirements set forth by the DCTA TRiP policy. SECTION 3. In the event of loss or misuse of TRIP funds, the City assures that the funds will be returned to DCTA in accordance with the TRiP policy. SECTION 4. The City Manager, or designee, is the City's designated, authorized official, with the power to apply for, accept, reject, alter or terminate the program on behalf of the City and to take any additional action in connection with the program that the City Manager, or designee, deems most appropriate and in the best interest of the City. SECTION 5. This Resolution shall become effective immediately upon its passage and approval. The motion to approve this Resolution was made by-7�C- ZC,-n I�'�O-C1c._ and seconded by '3-eSSe jcL� ''S _ _ . This Resolution was passed and approved by the following vote [_- - (D 1: Mayor Gerard Hudspeth: Vicki Byrd, District 1: Brian Beck, District 2: Jesse Davis, District 3: Alison Maguire, District 4: Deb Armintor, At Large Place 5: Paul Meltzer, At Large Place 6: Aye Nay f J Abstain Absent PASSED AND APPROVED this the�`'� � day of De.Ce(y)`p---- < , 2021. 6 GERARD HUDSPETH, MAYOR ATTEST: ROSA RIOS, CITY SECRETARY F E �i BY: . V APPROVED AS TO LEGAL FORM: MACK REIN WAND, CITY ATTORNEY •.., BY: