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Measure M Comprehensive Transportation <br />Funding Program — Grant Applications <br />February 22, 2011 <br />Page 2 of 2 <br />To evaluate these funding proposals, OCTA requirements stipulate that the projects must be <br />included in the City's seven -year Capital Improvement Program (CIP). Some of these projects are in <br />various stages of the project development process and in these cases, because specific funding <br />sources have not yet been determined, they were not included in the seven -year CIP. Therefore, in <br />order to be considered for this grant funding cycle, it is necessary to amend the seven -year CIP to <br />include these improvements. <br />Given the need for these street improvements and the eligibility requirements defined by OCTA, <br />staff recommends that the City Council adopt the resolution authorizing submittal of these project <br />applications for funding consideration, and direct staff to incorporate the projects into the seven -year <br />CIP. Staff anticipates a response to the grant funding request in May 2011 and an OCTA Board <br />action on the call for projects in June 2011. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />The required matching funds on these projects will be provided in the year of expenditure. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Raul Godinez II Francisco Gutierrez `3 <br />Executive Dire or Executive Director <br />Public Works Agency Finance & Management Services Agency <br />RG /JG <br />Exhibit: 1. Resolution <br />