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HomeMy WebLinkAbout2012-11-13 - AGENDA REPORTS - PROP C GRANTS (2)Agenda Item: 9 CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager Approval: Item to be presented by: Adrian Aguilar DATE: November 13, 2012 SUBJECT: MEMORANDUMS OF UNDERSTANDING (MOU) WITH THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY (METRO) FOR PROPOSITION C 40% DISCRETIONARY GRANT FUNDS FOR FISCAL YEARS 2012-2022 AND FOR PROPOSITION C 5% TRANSIT SECURITY FUNDS FOR FISCAL YEAR 2012-2013 DEPARTMENT: Administrative Services RECOMMENDED ACTION City Council: 1. Approve the Memorandum of Understanding (MOU) between the City and the Los Angeles County Metropolitan Transportation Authority (METRO) to receive Proposition C 40 Percent Discretionary Grant Funds. 2. Approve the Memorandum of Understanding (MOU) between the City and the Los Angeles County Metropolitan Transportation Authority (METRO) to receive Proposition C Five Percent Transit Security Grant Funds. Authorize the City Manager or designee to sign both MOU's on behalf of the City, subject to City Attorney approval. BACKGROUND Proposition C was approved by Los Angeles County voters in November 1990 with revenues generated by a half -cent sales tax. By ordinance, revenues from Proposition C are administered by METRO and allocated into categories including Rail and Bus Security, Commuter Rail, Transit Centers, Park -and -Ride Lots, Local Return, and Transit -Related Improvements to Streets and Highways. Within these categories, Proposition C funds are allocated to a variety of capital and operating projects and programs throughout the County designed to improve transit service and operations, reduce traffic congestion, and improve air quality. Proposition C 40 Percent Discretionary Grant Funds Each year, the City of Santa Clarita receives Proposition C 40 Percent Discretionary Grant Funds that support public transit operations. This 10 -year MOU allows the City to receive an annual share of the regional Proposition C 40 Percent Discretionary Grant Funds, based on a formula through the "annual funding mark." Estimated funding marks are provided to the City approximately six months prior to the start of the fiscal year and are determined based on past and projected sales tax revenue. Adjustments are typically made to the City's Transit budget at mid -year to reflect actual funding allocations. These funds are used to offset the City's operating costs for providing public transit services throughout the Santa Clarita Valley. The Fiscal Year 2012-13 funding mark for Proposition C Discretionary Funds is $251,321. Proposition C Five Percent Transit Security Grant Funds This one-year MOU allows the City to receive an annual share of the regional Proposition C Five Percent Transit Security Grant Funds, based on a formula through the "annual funding mark." Estimated funding marks are provided to the City approximately six months prior to the start of the next fiscal year and are determined based on past and projected sales tax revenue. Adjustments are typically made to the City's Transit budget at mid -year to reflect actual funding allocations. Within Santa Clarita, these funds are used to offset the cost of the City's contract- with ontractwith the Los Angeles County Sheriffs Department, which provides support and security services to the City's Transit Division. The Fiscal Year 2012-13 funding mark for Proposition C Five Percent Transit Security Grant Funds is $183,586. ALTERNATIVE ACTIONS Other action as determined by the City Council. FISCAL IMPACT There is no negative fiscal impact by this action. Approval of the two Memorandums of Understanding will permit the City of Santa Clarita to receive transit grant funds totaling $434,907. -z-