APPROVE Resolution 2018-18 authorizing the Executive Director to execute a Master Agreement and subsequent documents with Caltrans related to the funding award to the Monterey County Rail Extension project via the Transit and Intercity Rail Capital Program, pending approval by Agency Counsel.

The Master Agreement enables TAMC to begin spending allocations from a total grant of $10.148 million in Transit and Intercity Rail Capital Program (TIRCP) funds for the Monterey County Rail Extension project. The State has allocated $500,000 so far for the Network Integration Study, and staff anticipates requesting an allocation of $1.615 million for the Positive Train Control project in the near future, in coordination with Caltrans.

This Master Agreement governs a grant of $10.148 million in Transit and Intercity Rail Capital Program (TIRCP) funds for the Monterey County Rail Extension project, as well as possible future TIRCP grant allocations.

The California State Transportation Agency (CalSTA) awarded TAMC a grant of $10.148 million in Transit and Intercity Rail Capital Program (TIRCP) funds for the Monterey County Rail Extension project. The State requires recipient agencies to adopt a TIRCP Master Agreement prior to the first expenditure of awarded funds from the grant. TAMC already has a Master Agreement in place for state funds allocated to the project, but as the TIRCP funds are governed by newly adopted rules, the State is asking TAMC to adopt this new Agreement for this grant only. The first allocation from this grant occurred at the October 17-18, 2018 California Transportation Commission, $500,000 for a Monterey Bay/ Central Coast Network Integration Study.

TAMC Counsel has reviewed the Master Agreement and discussed it with CalSTA representatives. It has been modified to reflect the relationship between this new TIRCP-only Master Agreement and the existing Master Agreement that governs other state funding allocations. The attached resolution authorized Executive Director Debbie Hale to negotiate and execute the Master Agreement, Program Supplements, and other relevant agreements, so as to enable TAMC to spend the grant.