Title
Adopt Resolution to:
a. Approve a Local Agency Funding Allocation Agreement between the Transportation Agency for Monterey County and the County of Monterey for the Allocation of Funding Approved by the Transportation Agency for Monterey County Board of Directors for County projects; and
b. Authorize the Director of Public Works, or his designee, to act as the agent for the County to execute documents to secure these funds from Transportation Agency for Monterey County.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a Resolution to:
a. Approve a Local Agency Funding Allocation Agreement between the Transportation Agency for Monterey County and the County of Monterey for the Allocation of Funding Approved by the Transportation Agency for Monterey County Board of Directors for County projects; and
b. Authorize the Director of Public Works, or his designee, to act as the agent for the County to execute documents to secure these funds from Transportation Agency for Monterey County.
SUMMARY:
On May 20, 2014 the Board of Supervisors approved a Master Agreement between the Transportation Agency for Monterey County (TAMC) and the County of Monterey (County) for Regional Surface Transportation Program (RSTP) funds for County projects along with a list of earmarked projects receiving RSTP funds (Master Agreement). TAMC has since revised the Master Agreement, now termed a Local Agency Funding Allocation Agreement, to include all funding sources they administer, including RSTP, Transportation for Livable Communities (RSTP-TLC), RSTP Fair Share, Transportation Development Act (TDA) 2%, and Regional Development Impact Fees (RDIF).
DISCUSSION:
The Master Agreement was designed to comply with state requirements that TAMC has entered into agreements with member agencies for reimbursement of RSTP funds only. The State worked with TAMC and other recipients of State and Federal Pass Through funds to solicit their comments ...
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