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HomeMy WebLinkAbout25B - TRANSPORTATION FUNDING REQUEST FOR COUNCIL ACTION 8 CITY COUNCIL MEETING DATE: MAY 3, 2004 TITLE: AMENDMENT TO MASTER FUNDING AGREEMENT WITH THE ORANGE COUNTY TRANSPORTATION ;t°"72¡¡¿~ / / RECOMMENDED ACTION ~ ~ CLERK OF COUNCIL USE ONLY: APPROVED 0 As Recommended 0 As Amended 0 Ordinance on 1" Reading 0 Ordinance on 2" Reading 0 Implementing Resolution 0 Set Public Hearing For CONTINUED TO FILE NUMBER Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute Amendment No.8 to the Master Funding Agreement with the Orange County Transportation Authority for projects in the Combined Transportation Funding Program and the Bicycle and pedestrian Facilities Program. 8 DISCUSSION On June 5, 1995, the City Council approved a Master Funding Agreement (MFA) with the Orange County Transportation Authority (OCTA). The primary purpose of this agreement was to streamline the funding allocation process for projects funded through the Combined Transportation Funding Program and the Bicycle and pedestrian Facilities Program. The MFA also specifies the roles and responsibilities of the City and OCTA. The agreement is amended annually to include new projects. Amendment No.8 is required to include projects funded by OCTA in 2004. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT \ "'er: i. = ~'Id¡;C' ~~- 8 Executive Director Public Works Agency 5-03-04 RFCA MFA Amendment No.8 (OWB) associated with this action. 258-1 258-2