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Resolution - 2005-47RESOLUTION NO.2005-47 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST COVINA, CALIFORNIA, APPROVING COOPERATIVE AGREEMENT NO. 07-4720, WITH THE STATE OF CALIFORNIA PROVIDING FOR THE STATE'S RELINQUISHMENT OF A PORTION OF ROUTE 39 (SR • 39), NORTH AZUSA AVENUE FROM GARVEY AVENUE SOUTH TO BADILLO STREET (NORTH CITY LIMIT) THE CITY COUNCIL OF THE CITY OF WEST COVINA DOES HEREBY RESOLVE AS FOLLOWS: S SECTION 1: FINDINGS A. The State of California, acting through its Department of Transportation (Caltrans) and the City have negotiated a transfer of the ownership of that portion of Route 39 (SR 39), North Azusa Avenue between Garvey Avenue South and Badillo Street (north City limit). ("The relinquished portion of the State Route 39") located within the territorial boundaries of the City of West Covina, pursuant to the authority contained in California Streets and Highways Code, Section 73. B. After the effective date of relinquishment by the State, the City will assume ownership of State Route 39 (SR 39). C. The State will pay to the City of West Covina the sum of $2,200,000 in fulfillment of its responsibility to place the relinquished State Route 39 (SR 39) in a state of good repair. SECTION 2: The City Council hereby approves Cooperative Agreement No. 07-4720 between the State of California and the City of West Covina and authorizes the Mayor to execute same. Office. SECTION 3: That the City Clerk shall certify to the adoption of this resolution. SECTION 4: That the City Clerk shall record the resolution to the County Recorder's SECTION 5: That the City Clerk shall transmit a certified recorded copy to Caltrans. APPROVED AND ADOPTED on this 19`h day of July 2005. ATTEST: Lnw 4, "\ City Clerk taunie Carrico 0 Mayor Shelley Sanderson Resolution No. 2005- 47 July 19, 2005 I, LAURIE CARRICO, CITY CLERK of the City of West Covina, California, do hereby certify that the foregoing resolution was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 19`h day of July 2005, by the following vote of the City Council: AYES: Herfert, Hernandez, Miller, Wong, Sanderson • NOES: None ABSENT: None ABSTAIN: None -- City Clerk La rie Carrico APPROVED AS TO FORM: Ci y Attorne Arno]Alvarez-Glasman