REPORT TO COUNCIL
SUBJECT
Title
Action on a Resolution Authorizing the Filing of an Application for FY 2019/20 Transportation Development Act Funding for the Lafayette/Bassett Bike Lane Project
Report
BACKGROUND
The Santa Clara Valley Transportation Authority, as the County of Santa Clara Congestion Management Agency, is soliciting project proposals from cities for FY 2019/20 Transportation Development Act Article 3 grant funding. TDA funds may be used for bicycle or pedestrian related improvement projects and funding is derived from a quarter cent of the general sales tax collected statewide. The Metropolitan Transportation Commission delegated authority to the local CMA to coordinate how funds are spent within the County. An authorizing resolution is required for the City of Santa Clara to apply to the VTA for TDA funds. VTA will submit a consolidated application to the MTC for its final approval. Once MTC approves the allocation of funds, local agencies have three years to complete projects and submit a claim for reimbursement.
For FY 2019/20, staff recommends requesting additional TDA grant funding for the existing Lafayette/Bassett Bike Lane project, which will install a class II bicycle facility along the Lafayette/Bassett corridor from Agnew Road to Central Expressway ("Project"). During the FY 2018/19 TDA funding cycle, the City was awarded $600,000 in TDA grant funding for the Project. On May 7, 2019, the Council approved a FY 2018/19 budget amendment to appropriate the $600,000 in FY 2018/19 TDA funding for the Project. In the agenda report, staff mentioned the need for supplemental Project funding. Since submitting the initial application for FY 2018/19 TDA grant funding, staff has observed that recent construction bids on City projects have increased significantly, due to the economy and bidding environment, and has determined that additional funding is necessary to complete this Project.
DISCUSSION
Staff estimates that an additional $224,361 ...
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