Title
Capital Programming Update
Overview
The Orange County Transportation Authority uses various funding sources to advance or implement projects. Several grade separation and transit projects have accomplished project milestones and require funding revisions. These funding revisions result in a shift of funds to other ready-to-go highway and transit projects to meet the state funding deadlines.
Recommendation(s)
A. Authorize the use of up to $26.991 million in Proposition 1B Trade Corridors Improvement Funds for the Interstate 5 Improvement Project (State Route 73 to Oso Parkway) from the OC Bridges projects ($5.002 million), San Juan Creek Bridge Project ($15.739 million), and unprogrammed funding ($6.250 million), contingent on the approval of the California Transportation Commission.
B. Authorize the use of up to $1.512 million in Proposition 1B Transit System Safety, Security, and Disaster Response Account funding from the 2017 Video Surveillance System Upgrade Project for the 2017 Transit Security and Operations Center, contingent on the approval of the California Office of Emergency Services.
C. Authorize staff to process all necessary amendments to the Federal Transportation Improvement Program and execute or amend all necessary agreements to facilitate the above actions, including Cooperative Agreement No. C-8-1960 between the Orange County Transportation Authority and the California Department of Transportation.