| | | | | | | | 
TRANSPORTATION AGENCY FOR MONTEREY COUNTY Memorandum | |
| | | | | | | | | To: | Board of Directors | | From: | Michael Zeller, Director of Programming & Project Delivery | | Meeting Date: | January 27, 2021 | | Subject: | City of Pacific Grove Regional Surface Transportation Program Fair Share Allocation |
| |
| | | | | | | | | RECOMMENDED ACTION: | Regional Surface Transportation Program Fair Share Allocation:
- APPROVE the request by the City of Pacific Grove to program Regional Surface Transportation Program fair share funds to the Point Pinos Trail Project in the amount of $61,282; and
- APPROVE amending Exhibit A of the local funding agreement to include these projects and funding.
|
| |
| | | | | | | | | SUMMARY: | | The Agency has distributed Regional Surface Transportation Program fair share funding by population to the local jurisdictions for a wide range of eligible transportation projects. Funding is available at the discretion of the local jurisdiction for their chosen projects, upon approval by the Transportation Agency Board. |
| |
| | | | | | | | | FINANCIAL IMPACT: | | The Regional Surface Transportation Program was established by the State of California to utilize gas tax revenues on a wide 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 in 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 Pacific Grove has a sufficient balance in its fair share reserve to program a total of $61,282 to this project. |
| |
| | | | | | | | | DISCUSSION: | The Transportation Agency is tasked with reviewing projects proposed for Regional Surface Transportation Program fair share monies 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 Pacific Grove is requesting that the Transportation Agency program a portion of their balance of fair share Regional Surface Transportation Program funds to the following project: $61,282 to the Point Pinos Trail Project. The project was awarded $382,000 of competitive funds by the Agency in August 2020 and this programming request will match that amount. The project will construct a formal, 5-foot-wide decomposed granite pedestrian coastal trail on the seaward side of Ocean View Boulevard along Point Pinos. This project brings to fruition the vision of a safe, enjoyable pedestrian path along Pacific Grove's entire coastline by addressing a 0.8-mile gap in the existing California Coastal Trail.
After programming the amount, the City has a remaining balance of $191,230 of fair share funding available to program to additional projects. Staff confirms that the requested project is eligible for this funding and recommends that the Board approve this request. |
| |
|