Title
Community Development Agency, Transportation Division, recommending the Board approve and authorize the Chair to sign Amendment No. 1 Restatement and Affirmation to District Agreement 03-0387 A1 of the Cooperative Agreement with the California Department of Transportation, District Agreement 03-0387, for the U.S. 50/Missouri Flat Road Interchange Improvements - Phase 1B Project, CIP No. 71336.
FUNDING: Various State, Local and Federal Funds.
Body
BUDGET SUMMARY:
Total Estimated Cost…………… $41,852,000
Budget* - Current FY…………… $41,852,000
Budget - Future FY………………
New Funding…………………….
Savings…………………………
Other……………………………
Total Funding Available………… $41,852,000
Change To Net County Cost……
* Budgeted in FY 09/10 & FY 10/11 Capital Improvement Program
Fiscal Impact/Change to Net County Cost
Funding for the U.S. 50/Missouri Flat Road Interchange Improvements - Phase 1B Project (Project) includes $27,506,000 in State Transportation Improvement Program regional grant funds, $2,950,000 in State Highway Operations and Protection Program state operation funds, $5,174,000 in American Recovery and Reinvestment Act federal grant funds, $570,000 in Transportation and Community and System Preservation federal grant funds, $1,526,000 in Congestion Mitigation and Air Quality (CMAQ) regional grant funds and $4,126,000 in Missouri Flat Master Circulation and Funding Plan (MC&FP) local funds. The terms of the Agreement are consistent with the implementation plan that the Community Development Agency, Transportation Division (Transportation) has included in the budget for the Project. There is no fiscal impact or change to Net County Cost.
Background
On June 30, 2009, the Board approved Cooperative District Agreement 03-0387 with the California Department of Transportation (Caltrans) for the Project. The Caltrans Cooperative Agreement defines the responsibilities, terms and conditions by which Caltrans and County of El Dorado (County) will join...
Click here for full text