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HomeMy WebLinkAboutCC AG PKT 2003-06-09 #J AGENDA REPORT DATE: June 9, 2003 TO: Honorable Mayor and City Council THRU: John B. Bahorski, City Manager FROM: Douglas A. Dancs, P.E., Director of Public Works /City Engineer SUBJECT: ADOPTION OF SEVEN -YEAR CAPITAL IMPROVEMENT PROGRAM TO MAINTAIN MEASURE M ELIGIBILITY SUMMARY OF REQUEST: The proposed action will adopt a seven -year Capital Improvement Program as required by the Orange County Transportation Authority (OCTA) for funding under the Measure M program. BACKGROUND: Each year, OCTA requires local agencies to submit documentation to continue to be eligible for the Measure M funding. This sales tax measure approved by county voters provides millions of dollars each year for local and regional street projects. As part of this process, participating cities must adopt a seven -year CIP program for projects containing Measure M and related funding. Attached is the seven -year CIP program that is being submitted with the City's Measure M eligibility package. Staff recommends that Council adopt this program in order to continue to receive Measure M funding. This program is consistent with the City's 5- year Capital Improvement Program. FISCAL IMPACT: If this program is adopted, the City should continue to receive its share of Measure M funds. Currently, the City receives' approximately $230,000 in Measure M turnback funding annually. RECOMMENDATION: Adopt a seven -year Capital Improvement Program as required by the Orange County Transportation Authority (OCTA) for funding under the Measure M program. Agenda Item T t Prepared By: Conc 1 Mark . Vukojevic, P.E. Douglas •"' s P.E., Deputy City Engineer Director of Public Works /City Engineer NOTED AND APPROVED: Jo B. ahorski, ity Manager Attachment: Measure M 7 -year Capital Improvement Program • • Agenda Item . 1 ---, . . 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