...TITLE
Cooperative Agreement with Orange County Transportation Authority...RECOMMENDATION
a) Determine this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because this action will not result in a physical change to the environment, directly or indirectly;
b) Authorize the Mayor and City Clerk to enter into a Cooperative Agreement between the Orange County Transportation Authority and the City of Newport Beach in a form substantially similar to the agreement attached to the staff report; and
c) Approve Budget Amendment No. 26-042 appropriating $250,000 in increased expenditures from the General Fund unappropriated fund balance.