Resolution 4240 - Laserfiche WebLink

NOW, THEREFORE,BE IT RESOLVED BY THE EVERETT CITY COUNCIL: 1) That Exhibit One, attached hereto and incorporated herein by reference, reflects the Everett City Council's investment priorities for the City of Everett in the development of a revised Regional Transit Authority Phase One Plan. 2) That the investments represent a balanced, comprehensive and equitable regional transit plan which would provide citizens with travel alternatives in the face of growing traffic congestion. 3)That the investments are listed in priority order of importance to the Everett City Council and should be incorporated into the Phase One Plan in relation to, at the minimum,the approximate value of local revenue raised within the City. 4) That the financial contribution from the Regional Transit Authority identified for each investment represents the best estimate available at this time to completely implement the investment; represents the pro-rata share of capital facilities and services; and represents a partial contribution in anticipation of other contributions as defined in item (8) below. 5) That the total value of the investments listed in Exhibit One exceed the current Regional Transit Authority estimate of local revenue raised within the City of Everett in a revised phase one plan to allow for(within a phase one plan): a) Additional projects to be implemented if local revenue exceeds projections; or b) Additional projects to be implemented if additional revenue becomes available for use in the City through other funding sources (e.g. state grants, bonding); or c) Additional projects to be implemented if higher prioritized projects can not be implemented due to unanticipated project implementation barriers. 6) That the funding of HOV Lanes on the Interstate System has been identified as a State responsibility by the Washington State Secretary of Transportation and the Washington State Transportation Commission. The Everett City Council agrees with this position but realizes that the State currently does not have the funding to complete the HOV system in the Puget Sound region. The Everett City Council understands that the legislative leadership in Olympia is working on a proposal to complete the HOV system. The Everett City Council supports the development of such a proposal. In the event however, that the State cannot fund completion of the HOV system in Everett,the Everett City Council is willing to allow a portion of Everett's Regional Transit Authority dollars to be allowed to construct extensions to the HOV system. 7) That the funding of HOV direct access ramps connecting to the Interstate HOV lane system has been identified as a local government responsibility by the Washington State Secretary of Transportation and the Washington State Transportation Commission. The Everett City Council understands that in order to maximize the effectiveness of the Interstate HOV lane system, direct HOV access would provide additional benefit to High 5