City Council

5.5 APPROVAL OF THE COMPREHENSIVE TRANSPORTATION FUNDING\nPROGRAM - REGIONAL TRAFFIC SIGNAL SYNCHRONIZATION LETTER\nAGREEMENT AMENDING MASTER FUNDING AGREEMENT NO. C-1-2780\nWITH THE ORANGE COUNTY TRANSPORTATION AUTHORITY FOR THE\nANTONIO PARKWAY, AVENIDA DE LAS BANDERAS, AND AVENIDA\nEMPRESA REGIONAL TRAFFIC SIGNAL SYNCHRONIZATION PROGRAM\nPROJECT, AND ADOPTION OF A RESOLUTION AMENDING THE FISCAL\nYEAR 2024-25 CAPITAL IMPROVEMENT PROGRAM BUDGET (Parco)\nRECOMMENDATION:\n1) Approve the Letter Agreement amending Master Funding Agreement\nNo. C-1-2780 with the Orange County Transportation Authority for the\nAntonio Parkway, Avenida de las Banderas, and Avenida Empresa\nRegional Traffic Signal Synchronization Program Project, and authorize\nthe Public Works Director to sign the Letter Agreement; and\n2) Adopt a Resolution entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO\nSANTA MARGARITA, CALIFORNIA, AMENDING THE FISCAL YEAR 2024-\n25 CAPITAL IMPROVEMENT PROGRAM BUDGET TO INCLUDE\nADDITIONAL EXPENDITURES FOR THE ANTONIO PARKWAY SIGNAL\nSYNCHRONIZATION PROJECT\nItem No. 5.5