MEETING DATE:
December 9, 2014
SUBJECT:
Title
RESOLUTION NO. 2014-8015 - CONSIDER AN AMENDMENT TO THE CITY'S PROGRAM OF PROJECTS WITHIN THE 2014 REGIONAL TRANSPORTATION IMPROVEMENT PROGRAM (RTIP)
Body
Recommendation
Recommendation
ADOPT resolution approving an amendment to the City's TransNet Program of Projects within the 2014 RTIP.
Body
Board or Commission Action
Not applicable
Relevant Council Strategic Theme
Planning for the Future
Relevant Department Goal
Not applicable
Introduction
The TransNet Local Street Improvement Program of Projects is an element of the RTIP and any projects that are being considered for TransNet funds must be programmed during the Regional Transportation Improvement Program (RTIP) adoption or amendment process. The RTIP is the San Diego region's program of proposed major highway, arterial, transit and bikeway projects that incrementally develops the Regional Transportation Plan (RTP).
Accordingly, each local agency must prepare a list of transportation-related projects for incorporation within the RTIP and must include the following project types:
· Projects that exceed an overall cost of $300,000 and are financed with federal or state funds;
· Projects using any TransNet funds, regardless of the project cost;
· Projects with regional implications; and
· Projects that significantly increase roadway capacity.
SANDAG has recently initiated an amendment to the 2014 RTIP and is providing the City an opportunity to submit any revisions to their Program of Projects at this time. The City must submit a signed resolution approving amendment No. 14-01 and certifying those projects programmed with TransNet funds comply with the TransNet Extension Ordinance. Amendment No. 14-01 will then be presented to the SANDAG Transportation Committee on January 16, 2015 for approval.
Discussion
Currently, the City of San Marcos has approximately $2,418,000 in unallocated TransNet Local Street Improvements (LSI) funds available that SANDAG requires to be programmed at this time. Furthermore, the City has an additional $622,777 LSI funds that need to be re-programmed to ensure compliance with the TransNet ordinance requiring that no more than 30 percent of its annual revenues shall be spent on maintenance-related projects.
As a result, staff recommends adjusting the City's Program of Projects within the 2014 RTIP Program to reflect these changes as illustrated in Regional Transportation Improvement Program Amendment No. 1 report. A summary of the recommended changes is listed below:
· Via Vera Cruz Bridge and Street Improvements #88264 (SM32) - proposes to adjust $260,079 of TransNet bond funds to TransNet LSI funds. Furthermore, this project's funding has been adjusted to reflect the recently updated federal grant funding and obligation timelines.
· Bent Avenue Bridge #88263 (SM56) - proposes to adjust $229,400 of TransNet bond funds to TransNet LSI funds.
· Creekside Drive #88505 (SM48) - proposes to adjust $2,364,465 of TransNet bond funds to TransNet LSI funds.
· Street Maintenance Operations #545000 (SM38) - proposes to adjust programmed TransNet LSI funds from $622,777 to $186,833 to ensure compliance with the TransNet ordinance's 30 percent requirement.
All projects programmed with TransNet funds comply with the TransNet Extension Ordinance. Projects may also be revised with future RTIP amendments that typically occur on a quarterly basis. This amendment does not commit the City to any fiscal expenditure.
Fiscal Impact
Funding the projects with the available TransNet LSI funds will eliminate the need to allocate the equivalent balance of TransNet bond funds for those projects. Allocation of the TransNet bond fund balance will be taken into consideration during the mid-year and annual Capital Improvement Program budgeting process. There will not be an impact to the progress of any capital improvement project by not programming the remaining Transnet bond fund balance at this time. Budgetary amendments as per the TransNet LSI and bond fund adjustments will be reflected during the mid-year budget process.
Attachment(s)
Resolution 2014-
Regional Transportation Improvement Program Amendment No. 1 report
Prepared by: Beth Herzog, Sr. Management Analyst
Submitted by: Matt Little, P.E., Deputy City Engineer
Reviewed by: Mike Edwards, P.E., City Engineer/Public Works Director
Approved by: Jack Griffin, City Manager