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Department of Transportation recommending the Board approve and authorize the Chair to sign the Agreement between the El Dorado County Transportation Commission and the County of El Dorado for Fiscal Year 2024-25 Surface Transportation Block Grant Program Exchange Funds (X25-6157(089)) in the amount of $685,266 for the following projects: Green Valley Road at Indian Creek - Bridge Replacement, Capital Improvement Program number 36105014 and Green Valley Road at Mound Springs Creek - Bridge Replacement, Capital Improvement Program number 36105015.
(District 4)
FUNDING: Surface Transportation Block Grant Program Exchange Funds (X25-6157(089)).
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DISCUSSION / BACKGROUND
As authorized by Section 182.6(g) of the Streets and Highway Code, the El Dorado County Transportation Commission (EDCTC) has entered into Agreement X25-6157(089) with the State of California through the Department of Transportation (Caltrans) to assign a defined portion of its annual Surface Transportation Block Grant Program (STBGP) apportionment to Caltrans in exchange for FY 2024-25 nonfederal State Highway Account funds. EDCTC is authorized to use these exchange funds to assist local agencies in promoting projects that otherwise qualify for STBGP funds.
These are projects that are scheduled to be in process in time to make use of the Regional Surface Transportation Program (RSTP) funds, which must be expended within a certain time frame from when the funding cycle was released. The projects listed to receive these STBGP exchange funds are as follows:
- Green Valley Road at Indian Creek - Bridge Replacement (Fenix Number 36105014): $342,633
- Green Valley Road at Mound Springs Creek - Bridge Replacement (Fenix Number 36105015): $342,633
EDCTC is required to execute formal written agreements between EDCTC and STBGP Exchange Recipients and provide oversight of the program funds. The EDCTC received the FY 2024-25 STBGP Exchange Funds, which will be paid to the County per the formula-based distribution policy adopted by EDCTC on February 3, 2011, after approval by EDCTC and the execution of this Agreement. The expiration date of the funds is five (5) years from the date funds are allocated by EDCTC.
ALTERNATIVES
Until an item such as this is approved by the Board, the funding will remain unclaimed.
PRIOR BOARD ACTION
N/A
OTHER DEPARTMENT / AGENCY INVOLVEMENT
EDCTC
County Counsel
CAO - Community Development Finance and Administration
CAO RECOMMENDATION
Approve as recommended.
FINANCIAL IMPACT
Approval of this Agreement will allow the County to receive a total of $685,266 in STBGP funding to be used on the following Capital Improvement Program projects: Green Valley Road at Indian Creek - Bridge Replacement, Fenix Number 36105014, $342,633; Green Valley Road at Mound Springs Creek - Bridge Replacement, Fenix Number 36105015, $342,633. Project financing plans in the CIP will be updated to reflect this revenue.
CLERK OF THE BOARD FOLLOW UP ACTIONS
1) The Clerk of the Board will obtain the Chair’s signature on two (2) originals of the STBGP Agreement.
2) The Clerk of the Board will forward the two (2) partially-executed original Agreements to the CAO - Community Development Finance and Administration, for further processing.
STRATEGIC PLAN COMPONENT
Infrastructure, Good Governance
CONTACT
Rafael Martinez, Director
Department of Transportation