Subject
title
Capital Programming Update
overview
Overview
The Orange County Transportation Authority uses a combination of federal, state, and local funding sources to plan and deliver Orange County Transportation Authority Board of Directors-approved capital improvement and transit projects, including those promised in the voter-approved sales tax program, Measure M2. As projects advance through the various stages of development, funding sources and amounts are updated and adjusted to reflect the most current cost estimates and to maximize the benefit of local sales tax dollars and the use of external state and federal revenues. Board of Directors’ authorization is requested to program federal, state and local funding for existing Board of Directors-approved projects as further described herein.
recommendation
Recommendation(s)
A. Authorize the use of $12.224 million in Congestion Mitigation and Air Quality Improvement Program project savings from 40-foot Compressed-Natural-Gas Replacement Buses and local complete streets projects to the Alternative Fuel 60-Foot Replacement Buses Project.
B. Authorize the reallocation of $6.072 million in SB 125 (Chapter 54, Statutes of 2023) Transit Program funds from OC Bus Operations Startup - Connections to OC Streetcar Project for OC Streetcar operations.
C. Authorize the reallocation of $6.072 million in Congestion Mitigation and Air Quality Improvement Program savings from OC Streetcar operations to the Interstate 5 Improvement from County Line to Avenida Pico Project.
D. Authorize the use of an additional $71.705 million in Measure M2, Project S funds from OC Streetcar capital projects.
E. Authorize staff to process all necessary amendments to the Federal Transportation Improvement Program and execute all necessary agreements.