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HomeMy WebLinkAboutRESO 9101Resolution No. 9101 Resolution of the Council of the City of Palo Alto Supporting Measure B, Santa Clara County Valley Transportation Authority Vehicle Registration Fee WHEREAS, Measure B is a County initiative placed on the ballot by the Board of Directors of the Santa Clara Valley Transportation Authority (VT A) that would authorize an increase in the fees of motor vehicle registration in the county for transportation-related projects and programs; and WHEREAS, Measure B would increase the motor vehicle registration fee (VRF) by $10 for each vehicle registered in Santa Clara County to relieve traffic congestion, improve streets and reduce polluted toxic roadway runoff, generating approximately $14 million in revenues annually; and WHEREAS, approximately 80% of the revenues from the measure will go towards . local road improvement arid repair, 15% will go towards regional programs (leverage for other funds; regional intelligent transportation systems/technologies; and county environmental mitigation for autos/trucks), and the remaining 5% will go towards program administration; and WHEREAS, the City of Palo Alto would receive approximately $343,000 in additional revenues that would be spent towards local road improvements and repairs as a result of the passage of Measure B. NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. The City Council by the adoption of this resolution hereby supports Measure B on the November 2,2010 ballot. II II II II II II II II 101005 sh 8261438