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Measure M2 Comprehensive Transportation Program <br />November 21, 2023 <br />Page 2 <br />3 <br />8 <br />7 <br />9 <br />Traffic Signal Synchronization Program (Project P). The CTFP is the mechanism by <br />which OCTA administers competitive funding for streets and roads projects. <br />The City will submit applications totaling $41,112,981 in grant funding requests, which <br />includes all project phases, and requires a local match commitment of 25% for both <br />ACE and ICE programs and 20% for Project P. If awarded, existing and future local <br />funding sources, including but not limited to, Transportation System Improvement Area <br />funds (TSIA), Gas Tax funds, and Measure M2 Fairshare funds, will be used to provide <br />the required matching funds for the recommended projects to be budgeted in the FY <br />2024-25 Capital Improvement Program (CIP). <br />RECOMMENDED PROJECTS CTFP <br />TYPE PHASE GRANT <br />REQUEST FY <br />Dyer Street Improvements (55 Freeway – <br />700’ E/O Pullman)ACE Design/ROW/ <br />Construction $36,465,757 24-25 <br />Kraemer Boulevard/ Glassell Street/ <br />Grand Avenue Corridor Traffic Signal <br />Synchronization <br />Project P Design/ <br />Construction $4,647,224*24-25 <br />*Santa Ana is the lead agency for this multi-agency grant. The total grant request is $4,647,224, which <br />includes Santa Ana’s total grant request of $1,525,106. <br />Given the need for the street improvements and the project eligibility requirements <br />defined by OCTA, Staff recommends that the City Council adopt two Resolutions <br />(Exhibits 1 and 2) authorizing submittal of the Project O and Project P CTFP application <br />for funding consideration, as well as direct staff to incorporate approved projects into the <br />FY 2024 Seven-Year CIP. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action at this time. The City will recognize <br />grant award revenue, inclusive of required City local match, through future Council <br />action during the FY 2023-24 CIP budget programing cycle. In the event both of the <br />recommended projects are awarded, the table below provides a breakdown of the total <br />potential funding for the identified projects: <br />RECOMMENDED PROJECTS CTFP <br />TYPE PHASE <br />CTFP <br />GRANT <br />FUNDS <br />CITY <br />MATCH <br />FUNDS FY <br />Dyer Street Improvements (55 Freeway <br />– 700’ E/O Pullman)ACE Design/ROW/Co <br />nstruction $27,349,318 $9,116,439 24-25 <br />Kraemer Boulevard/ Glassell Street/ <br />Grand Avenue Corridor Traffic Signal <br />Synchronization <br />Project P Design/ <br />Construction $1,525,106* <br />$381,276 <br />24-25 <br />*Santa Ana is the lead agency for this multi-agency grant. The total grant request is $4,647,224, which <br />includes Santa Ana’s total grant request of $1,525,106.