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Cooperative Agreements With OCTA <br />December 19, 2011 <br />Page 2 <br /> Project Costs Santa Ana's Portion <br />Corridors Total M2 Grant Local <br />Match M2 Grant Match <br />MacArthur Blvd./Talbert St. $490,320 $392,256 $98,064 $219,360 $54,840 <br />Tustin Ave/.Rose St. $854,000 $683,200 $170,800 $96,464 $27,400 <br />Warner Ave. $7777313 $621,849 $155,464 $316,784 $63,375 <br />Total $2,121,633 $1,697,305 $424,328 $632,608 $145,615 <br />OCTA will be the lead agency in implementing these projects. Each cooperative agreement <br />identifies the roles and responsibilities of OCTA and the local agencies. The agreement also <br />stipulates that OCTA is committed to funding and implementing the projects, and will provide <br />oversight to maintain interjurisdictional synchronization on the projects during the three-year <br />grant period. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />Funds for the local match of 20 percent in the amount of $145,615 are available in Traffic <br />Congestion Relief HUT (accounting unit 05917663-66220). <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Raul Godinez II <br />Executive Director <br />Public Works Agency <br />RG/VN <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: <br />1. Cooperative Agreement No. C-1-3022 <br />2. Cooperative Agreement No. C-1-3023 <br />3. Cooperative Agreement No. C-1-3024 <br />25B-2