Title
Department of Transportation recommending the Board approve and authorize the Chair to sign the Agreement between the El Dorado County Transportation Commission and County of El Dorado for Fiscal Year 2019-20 Surface Transportation Block Grant Program Exchange Funds (X20-6157(070)) in the amount of $587,111.
FUNDING: Surface Transportation Block Grant Program Exchange Funds (X20-6157(070)).
Body
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 X20-6157(071) with the State of California, through the Department of Transportation (Caltrans), to assign a defined portion of its annual STBGP apportionment to Caltrans in exchange for FY 2019/20 nonfederal State Highway Account funds. EDCTC is authorized to use these exchange funds to assist local agencies in promoting projects which otherwise qualify for STBGP funds. 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 2019-20 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
CAO - Community Development Finance and Administration
CAO RECOMMENDATION
It is recommended that the Board approve this item.
FINANCIAL IMPACT
Approval of this Agreement will allow the County to receive a total of $587,111 in STBGP funding to be used on the following Capital Improvement Program projects: Green Valley Road Bridge over Indian Creek, Project 77127, $293,555; Bridge - Green Valley at Mound Springs Creek, Project 77136, $293,556.
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