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HomeMy WebLinkAboutCC AG PKT 2002-08-26 #N August 26, 2002 STAFF REPORT To: Mayor and Members of the City Council Attention: John Bahorski, City Manager From: Doug Dancs, P.E. Director of Public Works /City Engineer Subject: OCTA MASTER FUNDING AGREEMENT AMENDMENT #5,C95 -991 SUMMARY OF REQUEST: The proposed action will amend the original Master Funding Agreement with the Orange County Transportation Authority (OCTA) to replace Exhibit A with a revised list of open projects. DISCUSSION: Upon the voter approval of Measure M in 1990, the City of Seal Beach entered into a Master Funding Agreement with OCTA that sets the criteria for receiving, accounting, and expending Measure M funds. OCTA is requesting an amendment to update the approved project listing, Exhibit A, in the existing cooperative agreement. The projects listed have been previously approved by City Council during the application process. The revised exhibit updates the agreement to coincide with previously approved projects. FISCAL IMPACT: No fiscal impact. RECOMMENDATION: It is recommended that City Council adopt Amendment No. 5 to Cooperative Agreement No. C- 95 -991. NOTED ' ' ' OVED Doug Dancs, P.E. Director John B. ' o ski, Public Works Department City .8. ger Attachments; Amendment C: \pwd \council \report\2002 -03\ OCTA Master Agreement Amendment5.doc 1 AGENDA ITEM A!