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HomeMy WebLinkAboutresolution.council.009-99 RESOLUTION NO. ~ SERIES OF 1999 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING A 1999 SUPPLEMENTAL BLrDGET FOR THE PITKIN COUNTY 1/2 CENT TRANSIT SALES AND USE TAXES WHEREAS, the Aspen City Council, the Pitkin County Board of County Commissioners and the Town Council of Snowmass Village (the "Parties") have previously identified general elements of their Comprehensive Valley Transportation Plan (the "Plan") which are eligible for funding from the Pitkin County one-half cent transit sales and use tax; and WHEREAS, by intergovernmental agreement dated September 14, 1993, the Parties agreed: a. to conduct regular public meetings to continue to refine and agree upon proposed projects and transportation elements consistent with or complimentary to the Plan; and b. that all expenditures and projects to be funded from the County-wide one- half cent transit sales and use tax shall be agreed upon by the Parties and evidenced by a resolution adopted by the governing body of each party; and WHEREAS, in November of 1993 Pitkin County voters authorized the issuance of up to $13,650,000 of revenue bonds for the puxpose of improving the public mass transportation system! in the Roaring Fork Valley (the "Revenue Bond Authorization ") if such improvements are authorized by agreement between the Parties; and WHEREAS, at a public meeting held on January 14, 1999, the parties considered the 1999 expenditure of $138,025 for the 1999 EOTC Entrance to Aspen work program and up to $1,200~000 in additional funding for the Roaring Fork Railroad Holding Authority (RFRHA) Corridor Investment Study (CIS)which will be paid back in 1999 when the proceeds from a federal grant for this work are received; and WHEREAS, pursuant to voter approval the use tax had to be used fncst for the acquisition of the rail right-of-way and then for other transit projects; and WHEREAS, the Parties desire to approve the attached 1999 supplemental budget with the understanding that upon the successful acquisition of the rail right-of-way in 1997, the one-half cent use tax revenues became available for other transit projects on an equal footing with projects funded by the one-half cent sales tax revenues; and WHEREAS, the City of Aspen wishes to ratify the approvals given at the January 14 meetingi by adoption of this resolution. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Aspen, Colorado, that the attached 1999 one-half cent transit sales and use tax supplemental budget, with conditions, is hereby approved. 1/2% Transit Sales and Use Tax 1999 Supplemental Expenditures 1999 EOTC Entrance to Aspen Work Program $ 138,025 1999 RFRHA CIS Temporary Funding (to be repaid) $I ,200,000 Total Supplemental Expenditures $1,338,025 Conditions: a) A description of the 1999 EOTC Entrance to Aspen Work Program is attached as Exhibit "A" and is contingent upon additional funding from the City of Aspen as described within Exhibit "A", and b) The additional, temporary funding for the RERHA CIS will not be released until RFRHA has received a letter from the Federal Transit Agency formally approving the grant for 49 USC 5309 Discretion~xy Capital Assistance. Further, said additional, temporary funding will only be distributed to RFRttA in monthly task order amounts of approximately $300,000 until the federal revenues are received by RFRHA, at which time the additional temporary EOTC funds will be repaid by the proceeds of the federal grant. RESOLVED, APPROVED, AND ADOPTED this 8th day of February, 1999, by the City Council for the City of Aspen, Colorado. I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held February 8, 1999. Kathryn ~.~och, City Clerk RLR-02/03/99-h:\transp\valley\work\HLFCTggC.DOC Entrance to Aspen Work Program Objectives 1999 Overall Work Program Goal: To give Elected Officials the option to go to the voters in November 1999 for authorization to build the Entrance to Aspen light rail system as the first leg of a valleywide transit system. I. Technical Analysis Objective: To continue to answer questions raised by the public and Elected Officials about the Entrance to Aspen transit system. To maintain project momentum, responding tO opportunities created by other projects in the valley, and keeping the public involved and informed. H. Design Refinement Objective: To further develop a design level understanding Of station areas, alignment, rail vehicle options, landscape and urban design features, and pedestrian amenities along the proposed transit route. III. Financing Objective: To answer any remaining questions about the costs, benefits and funding opportunities for the Entrance to Aspen rail system, including capital, operating, maintenance, user fares/fees, and lifecycle costing. To integrate and synthesize financial information about the Entrance to Aspen link with information about the link from Glenwood Springs. IV. Public Information Objective: To bring up the level of information and awareness in the public and to respond to questions/concerns so that upper valley residents can understand that whatever the valley trhnsit solution is, the ETA preferred alternative is the right answer for Brush Creek Road to Aspen. V. Visual Communication Objective: To make this project tangible to people. What does it look like? How does it "feel"? What are the alternatives? What are the opportunities to integrate art with the transit architecture? How might a coordinated way finding program enhance safety and the visitor's experience, while remaining consistent with community character?