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Resolution Authorizing Transportation Enhancement <br />Activities Program Grant Applications <br />March 20, 2006 <br />Page 2 <br />Applications will be reviewed and evaluated by OCTA staff and a <br />recommendation for award is expected to be taken to OCTA Board in April <br />2006. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />Since this program is federally funded, the City will need to provide 25% <br />matching funds for any project that receives these monies. Funds for the <br />City's 25% match for projects receiving TEA grant funds will need to be <br />budgeted in the City's Capital Improvement Program. <br />James G. Ross <br />Executive Director <br />Public Works Agency <br />Gerardo Mouet `~ <br />Executive Dire for <br />Parks, Recrea ion and <br />Community Services Agency <br />55A-2 <br />