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HomeMy WebLinkAbout25Y - MASTER FUNDING AGMT OC CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: REQUEST FOR COUNCIL ACTION DECEMBER 3, 2007 TITLE: APPROVED o As Recommended o As Amended o Ordinance on 15t Reading o Ordinance on 2nd Reading o Implementing Resolution o Set Public Hearing For AMENDMENT TO MASTER FUNDING AGREEMENT WITH THE ORANGE COUNTY TRANSPORTATION AUTHORITY I Mc:z (0/ CITY MANAGER ~ \ / RECOMMENDED ACTION CONTINUED TO FILE NUMBER Direct the City Attorney to prepare and authorize the City Manager and Clerk of the Council to execute Amendment No. 13 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. 13 is required to incorporate minor adjustments in funding and project schedules made during the semi-annual review conducted in March 2007. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. 25Y -1 Amendment to Master Funding Agreement May 21, 2007 Page 2 FISCAL IMPACT There is no fiscal impact associated with this action. ~~ d'~zy: ~ ..-- James G. a6ss Executive Director Public Works Agency 25Y -2