City Council

2. FINANCE COMMITTEE: AUTHORIZE THE CITY MANAGER TO ENTER INTO A METRO-APPROVED AGREEMENT WITH THE CITY OF SAN MARINO TO EXCHANGE $750,000 OF PASADENA’S GENERAL FUND DOLLARS CURRENTLY DEDICATED TO TRANSIT SERVICES FOR $1,000,000 OF THE CITY OF SAN MARINO’S PROPOSITION A LOCAL RETURN DOLLARS (Transportation Dept.) Recommendation: It is recommended that the City Council: (1) Find that the action proposed in the agenda report is covered by the “Common Sense” exemption set forth in the California Environmental Quality Act (CEQA) Guidelines Section 15061(b)(3) as CEQA only applies to projects that may have a significant effect on the environment; (2) As allowed by the Los Angeles County Metropolitan Transportation Authority Proposition A and Proposition C Local Return Guidelines, Authorize the City Manager to execute a one-time agreement with the City of San Marino to exchange $750,000 of Pasadena’s General Fund dollars currently dedicated for transit services for $1,000,000 of San Marino’s Proposition A Local Return dollars to be used for Proposition A eligible transit operations, programs, and projects in Pasadena. Neither Competitive Bidding nor Competitive Selection are required pursuant to City Charter Section 1002(H) and Pasadena Municipal Code Section 4.08.049(A)(3), contracts with other governmental entities; (3) Appropriate $750,000 from the General Fund portion of the available fund balance in Transit Fund (209) for the City’s portion of the fund exchange; (4) Increase revenue by $1,000,000 in Proposition A Local Return Fund (208) for the City of San Marino’s portion of the fund exchange; and (5) Transfer $750,000 from the available fund balance in Proposition A Local Return Fund (208) to Transit Fund (209) for the City’s receiving fund to reimburse the donating fund and authorize staff to make necessary adjustments to the budget.