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R 3423 RESOLUTION NO. 3423 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE AMENDING THE TRAFFIC SIGNALIZATION FEE WHEREAS, Article 3 of Chapter 2 of Title 3 of the Arroyo Grande Municipal Code created a Traffic Signalization Fund; and WHEREAS, Arroyo Grande Municipal Code Section 3-2.305 authorized the amount of the Traffic Signalization Fee to be established by Council resolution and that said fee be adjusted in response to inflationary changes based on the formula shown therein; and WHEREAS, Resolution 1955 established the original amount of said Traffic $ignalization Fee; and WHEREAS, the cost of installing traffic signals has changed, as evidenced by the Engineering News Record (ENR) Construction Cost Index. WHEREAS, based on the ENR Cost Index, the original fee established should be adjusted to $17.91 per Average Daily Trip (ADT). NOW, THEREFORE, BE IT RESOLVED, that effective January 12, 2000 the Traffic Signalization Fee shall be $17.91 per Average Daily Trip (ADT). On motion by Council Member Runels, seconded by Council Member Ferrara, and by the following roll call vote, to wit: AYES: Council Members Runels, Ferrara, Tolley, and Mayor Lady . NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 11th day of January, 2000. ~---_._..-..---- ...--- RESOLUTION NO. 3423 - - Page 2 , MICA~~ ~ o E, ADMINISTRATIVE SERVICES DIRECTOR! DEPUTY CITY CLERK APPROVED AS TO CONTENT: lnL~L. ~ ROBERT L. HUNT, CITY MANAGER APPROVED AS TO FORM: ~:r~ T aT J. AR EL, CITYA TTORNEY . . . -_..~----- - - RESOLUTION NO. 3423 - OFFICIAL CERTIFICATION I, KELL Y WETMORE, Director of Administrative Services/Deputy City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that Resolution No. 3423 is a true, full, and corre.ct copy of said Resolution passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 11th day of January 2000. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 13th day of January, 2000. Vtf2- E MORE, DIRECTOR OF ADMINISTRATIVE SERVICESI DEPUTY CITY CLERK , -.--