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HomeMy WebLinkAbout2004-06-08 - AGENDA REPORTS - MTA GRANT FUNDING (2)CONSENT CALENDAR DATE: SUBJECT: DEPARTMENT: Agenda Item: CITY OF SANTA CLARITA AGENDA REPORT City Manager Approval: Item to be presented by: June 8, 2004 PAN MTA CALL FOR PROJECTS GRANT FUNDING - RESOLUTION AUTHORIZING EXECUTION OF AGREEMENTS WITH THE MTA Transportation and Engineering Services RECOMMENDED ACTION City Council adopt a resolution authorizing the City Manager or designee to execute on behalf of the City all Memorandums of Understanding, and any other necessary grant documents with the MTA for grant funds awarded to the City over the next two years, subject to City Attorney approval. BACKGROUND Through the 1999 and 2001 Metropolitan Transportation Authority (MTA) Call for Projects, the City was awarded a total of $23,243,000 in grant funds for four projects starting in Fiscal Year 2004/2005. The next step in awarding the grant funds to the City is to enter into a contract, known as a Memorandum of Understanding (MOU) for MTA funds. The MOU is an agreement between the City and the MTA that specifies how the grant funds will flow to the City during the next two fiscal years, and will define the proposed scope of work and schedule for each project. Staff has prepared a table summarizing the amount of grant funds awarded to each project and the local match required (see attached). The resolution will authorize the City Manager or designee to execute the MOUs, and any other necessary grant documents on behalf of the City. Staff will return to the City Council with each project for authorization to award design or construction contracts. Adopted: ep�. y Ts ALTERNATIVE ACTIONS No alternative action has been identified by staff. FISCAL IMPACT Over the next two years, the City will receive $23,243,000 in grant funds, and will be responsible for providing $27,956,000 in local match funds for the four projects collectively. The local match funds are a combination of General Fund, Bridge and Thoroughfare Fees, developer right-of-way contributions, federal appropriations, and State grant funds. All four projects are included in the proposed Fiscal Year 2004/2005 City budget. The $10,428,000 identified as local match funds for these grants was anticipated by staff and is included in the proposed Fiscal Year 2004/2005 Capital Improvement Program Budget. ATTACHMENTS Resolution Financial Plans Summary City of Santa Clarita MTA Call for Projects Financial Plans Summary Newhall Metrolink Additional Parking PROJECT FINANCIAL SUMMARY Prior Years $000$000 FY FY 2004-05 2005-06 $000 TOTAL $000 % OF TOTAL BUDGET MTA Grant Prop. A and STP -Local $1,313 $100 $0 $1,413 63% $492 $340 $0 $832 37% Total Pro ect Cost $1,805 $440 $0 $2,245 100% Cross Valley Connector Gap Closure: Copper Hill Drive to I-5 PROJECT FINANCIAL SUMMARY Prior Years $000 FY 2004-05 $000 FY 2005-06 $000 TOTAL $000 % OF TOTAL BUDGET MTA Grant Local Match - Valencia B&T Local Match - Federal Appropriation Local Match - Developer Right of WayDedication $0 $6,204 $3,192 $9,396 55% $2,500 $0 $1,453 $3,953 23% $0 $0 $1,000 $1,000 6% $0 $2,735 $0 $2,735 16% Total Pro ect Cost $2,500 $8,939 $5,645 $17,084 100% Magic Mtn./I-5 Interchange Reconstruction Phase II PROJECT FINANCIAL SUMMARY Prior Years $000 FY 2004-05 $000 FY 2005-06 $000 TOTAL $000 % OF TOTAL BUDGET MTA Grant Local Match - Valencia B&T Local Match - Federal Appropriation Local Match - Developer Right of Way Dedication $0 $2,000 $8,435 $10,435 35% $2,026 $0 $2,542 $4,568 15% $0 $0 $0 $0 0% $0 $14,793 $0 $14,793 50% Total Poect Cost $2,026 $16,793 $10,977 $29,796 85% Sierra Highway Bridges over the Railroad PROJECT FINANCIAL SUMMARY Prior Years $000 FY 2004-05 $000 FY 2005-06 $000 % OF TOTAL TOTAL $000 BUDGET MTA Grant Local Match - HBRR (State Grant) Local Match - General Fund & Prop. C Local $0 $1,999 $0 $1,999 26% $526 $4,145 $0 $4,671 60% $180 $948 $0 $1,128 14% Total Project Cost 1 $706 1 $7,092 $0 $7,798 100% FINANCIAL PLANS SUMMARY Prior Years $000 FY 2002-03 $000 FY 2003-04 $000 TOTAL $000 % OF TOTAL BUDGET Total MTA Grant Funds Total Local Match Funds Totall Develo r Ri ht of Wa Dedication $1,313 $10,303 $11,627 $23,243 41% $5,724 $5,433 $4,995 $16,152 28% $0 $17,528 $0 $17,528 31% Total Project Costs 11 $7,037 1 $15,736 1 $16,622 $56,923 1 100%