skip to main content skip to related links skip to website navigation links
VTA Home
Customer Service Phone: (408) 321-2300


   Related Links


   Board of Directors

   Standing Committees

   Advisory Committees

   Policy Advisory Boards

   Government Affairs

       Legislative Programs
       Policy Updates
       Transportation Funding


Agenda Item # 15

  Date: July 22, 2002
  Committee Meeting Date: August 15, 2002
  Board Meeting Date: September 5, 2002
  ACTION    X      DISCUSSION   ___ INFO   ___

BOARD MEMORANDUM

TO: Congestion Management Program and Planning Committee
 Santa Clara valley Transportation Authority
 Board of Directors
  
THROUGH:Peter M. Cipolla
 General Manager
  
FROM:Michael P. Evanhoe
 Chief Development Officer
  
SUBJECT: Local Program Reserve Programming

RECOMMENDATION:

Approve programming of $1 million in Local Program Reserve funds to the County Expressway Study; and authorize the General Manager to execute a cooperative funding agreement with the County of Santa Clara for the Expressway Study funds.

  BACKGROUND:

The Local Program Reserve (LPR) is a source of local, non-federal funding to be allocated to specific projects at the discretion of the VTA Board of Directors.  The reserve provides these non-federal funding resources to projects which would otherwise have difficulty either obtaining federal funding or would undergo undo complications with project delivery using federal funds.  The Board first created the LPR at its March 2, 2000 meeting when it approved 2000 STIP programming actions whereby STIP funds were exchanged with 1996 Measure B Transportation Improvement Program (MBTIP) funds.  The VTA programmed the STIP funds to an eligible 1996 MBTIP project, which in turn released local funds into the LPR for future allocation.  The 1996 MBTIP project then utilized the STIP funds in place of the local funds.  Subsequent similar programming actions have added funds to the LPR. 

DISCUSSION:

The staff recommendations in the memorandum include two actions:

  1. Program $1 million to the County Expressway Study.  The County of Santa Clara Department of Roads and Airports is currently conducting a comprehensive study of County Expressways.  At the June 7, 2001 meeting, the VTA Board of Directors committed to providing up to $2 million in funding for the study and programmed the initial $1 million.  This action completes the VTA funding commitment.
  2. Authorize the General Manager to execute a cooperative funding agreement with the County of Santa Clara for funding of the County Expressway Study.  The second action will allow VTA and County Roads and Airports Department staff to establish the parameters of the funding transfer procedures through a cooperative agreement. 

ALTERNATIVES:

There are no practical alternatives to the recommended action.

FISCAL IMPACT:

The Boards action will provide $1 million in Local Program Reserve Funds to the County Expressway Study.

 

Prepared by: Marcella M. Rensi, Senior Transportation Planner
Reviewed by: John Ristow, Deputy Director, Programming and Highway Administration

Click here to return to the Board Agenda Index