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HomeMy WebLinkAbout2001-10-09 - AGENDA REPORTS - GVR UTILITY GRANT APPLICATION (2)CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager Approval: Item to be presented by:ark L. Yamarone DATE: October 9, 2001 SUBJECT: PUBLIC UTILITIES COMMISSION GRANT APPLICATION FOR THE CONSTRUCTION OF THE GOLDEN VALLEY ROAD/SOLEDAD CANYON ROAD INTERCHANGE DEPARTMENT: Transportation & Engineering Services RECOMMENDED ACTION City Council approve a request to the Public Utilities Commission (PUC) for $5 million to support the construction of the future Golden Valley Road/Soledad Canyon Road Interchange; and direct staff to submit a completed grant application to the PUC by the October 19, 2001 deadline. BACKGROUND The PUC establishes an annual priority list of railroad crossings in need of separation. This list can include the grade separation of existing crossings or the construction of proposed grade separations. The PUC is currently accepting applications for grade separation projects that would be included on the Fiscal Year 2002/2003 priority list. Projects on that list could receive grant funding in either Fiscal Year 2002/2003 or Fiscal Year 2003/2004. There will be $30 million available to priority grade separation projects over that two-year period. A project can receive up to $5 million in PUC grant funding. Project applications are due to the PUC by October 19, 2001. After a detailed evaluation and ranking, PUC staff will present the priority list of projects to the California Transportation Commission by July 1, 2002. Funds will be awarded to projects over a two-year period starting in Fiscal Year 2002/2003. After reviewing the list of railroad grade crossing improvement projects on the City's Capital Improvement Program, staff believes that Golden Valley Road/Soledad Canyon Road is the best candidate for the PUC grant funding. The project currently has an estimated $16 million funding shortfall and its construction schedule is consistent with the PUC grant funding availability in Fiscal Years 2002/2003 and 2003/2004. ALTERNATIVE ACTION Other action as determined by the City Council. Agenda Item: 3080 r, ,L'D ' r PJJ '' aE U du: L1 PUC GRANT APPLICATION FOR THE CONSTRUCTION OF THE GOLDEN VALLEY ROAD/SOLEDAD CANYON ROAD INTERCHANGE October 9, 2001— Page 2 FISCAL IMPACT There is no immediate fiscal impact from submitting the recommended grant application. If grant funds are awarded to a project, the required local match funds will come from the existing project budget. ATTACHMENTS None MLY:dmh council \ gvr_puc_o Ldoc