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HomeMy WebLinkAbout25J - AMEND MASTER FUND AGMT REQUEST FOR COUNCIL ACTION CLERK OF COUNCIL USE ONLY: CITY COUNCIL MEETING DATE: MAY 21, 2007 TITLE: APPROVED o As Recommended o As Amended o Ordinance on 1" Reading o Ordinance on 2'" Reading o Implementing Resolution o Set Public Hearing For AMENDMENT TO MASTER FUNDING AGREEMENT WITH THE ORANGE COUNTY TRANSPORTATION AUTHORITY Qdiv~~v1'~ .~ CIT NAGER CONTINUED TO FILE NUMBER V RECOMMENDED ACTION Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute Amendment No. 12 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. DISCUSSION On June 5, 1995, the City Council approved a Master Funding Agreement (MFA) with the Orange County Transportation Authority (aCTA). 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 aCTA. Amendment No. 12 is required to incorporate minor adjustments in funding and project schedules made during the semi-annual review conducted in September 2006. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. 25J-1 Amendment to Master Funding Agreement May 21, 2007 Page 2 FISCAL IMPACT There is no fiscal impact associated with this action. /) {I' .J. /", L 1\_ / . . " , James G. Ross Executive Director Public Works Agency 25J-2