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TRANSPORTATION AGENCY FOR MONTEREY COUNTY Memorandum | |
| | | | | | | | | To: | Board of Directors | | From: | Michael Zeller, Director of Programming & Project Delivery | | Meeting Date: | December 5, 2018 | | Subject: | City of Soledad Regional Surface Transportation Program Fair Share Allocation |
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| | | | | | | | | RECOMMENDED ACTION: | Regional Surface Transportation Program Fair Share Allocation:
- APPROVE the request by the City of Soledad to program $190,287.80 in Regional Surface Transportation Program fair share funds to the Metz Road Traffic Calming Project; and
- APPROVE amending Exhibit A of the local funding agreement to include this project and funding.
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| | | | | | | | | SUMMARY: | | The Agency distributes Regional Surface Transportation Program fair share funding by population to each of the 12 cities and the County of Monterey to spend on a wide range of eligible transportation projects. Funding may be spent on projects at the discretion of the local jurisdiction, upon approval by the Transportation Agency Board. |
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| | | | | | | | | FINANCIAL IMPACT: | | The Regional Surface Transportation Program was established by the State of California to utilize gas tax revenues on a variety of local transportation projects. The Transportation Agency receives these funds, which total approximately $3.5 million to $4.0 million per year, and distributes them to the Cities and County via two methods: fair share and competitive share. The Transportation Agency distributes $1.2 million per year as the fair share component to the cities and County based on population. The City of Soledad has a sufficient balance in its RSTP fair share reserve to program $190,287.80 to the Metz Road Traffic Calming Project. |
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| | | | | | | | | DISCUSSION: | The Transportation Agency is tasked with reviewing projects proposed for Regional Surface Transportation Program fair share funding and approving the funding if the project is deemed eligible under state law. Examples of the types of transportation projects that are eligible for funding include: local street and roadway rehabilitation, bicycle facilities, pedestrian facilities, public transit capital and signal coordination and other safety and operational improvements.
The City of Soledad requests that $190,287.80 of their Regional Surface Transportation Program Fair Share funds be programmed to the Metz Road Traffic Calming Project. Staff confirms that this project is eligible for RSTP funding and recommends that the Board approve this request. If approved, monies will be paid to the City on a reimbursement basis subject to review of invoices. |
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