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1110, Resolution No. 42-07 A RESOLUTION SUPPORTING $1 Billion State Budget Allocation of Prop. 1B Funds to Cities in 2007-08 WHEREAS, the voters of California passed Proposition 1B ($19.9 billion transportation bond) in November 2006, and were promised $2 billion would be used to improve local streets, roads and other priority local transportation projects; and WHEREAS, California's cities are ready to go to begin work on local traffic safety repairs, congestion relief, fixing crumbling roads, improving mass transit and other local transportation improvement projects; and WHEREAS, according to a League of California Cities survey, cities have numerous local projects that can put the city share of the$1 billion in local street and road moneys to use right away for the benefit of citizens and businesses; and WHEREAS, cities need sufficient Prop. 1B funds allocated this year to begin work on local transportation projects that are ready to go. Early allocation of these funds will allow projects to get underway immediately and will prevent unnecessary delays; and WHEREAS, some Prop. 1B projects will take years or even decades to complete, many city transportation improvement projects are ready to get off the drawing board and into construction right away, demonstrating to voters that the state and local governments are making good on their promise to spend bond funds in a timely and responsible manner; and WHEREAS, local streets and roads are a critical component to a seamless transportation network, the mobility of California residents, the transport of goods and services, and the strength of our economy; and WHEREAS, cities will not receive any Prop. 42 (gasoline sales tax) funds for local streets and roads during the 2007-08 year and Prop. 1B funds will allow projects already underway to continue without interruption; and WHEREAS, an untimely or inadequate allocation of Prop. 1B funding this year would unnecessarily cause project delays of up to one year and limit the construction of many mid- and large-sized projects that are otherwise ready to go;