Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
MARCH 14, 2018
Subject
SUBJECT: CAP-AND-TRADE LOW CARBON TRANSIT
OPERATIONS PROGRAM (LCTOP)
Action
ACTION: APPROVE RESOLUTION FOR FISCAL YEAR 2017-18 LCTOP GRANT FUNDING
Heading
RECOMMENDATION
Title
APPROVE the Resolution in Attachment A to:
A. AUTHORIZE the Chief Executive Officer (CEO) or his designee to claim $24,719,649 in fiscal year (FY) 2017-18 LCTOP grant funds for one year of Gold Line Foothill Extension Phase 2A operations and one year of Expo Line Phase 2 operations;
B. CERTIFY that Metro will comply with LCTOP Certification and Assurances and the Authorized Agent requirements; and
C. AUTHORIZE the CEO or his designee to execute all required documents and any amendments with the California Department of Transportation.
Issue
ISSUE
Each year the California Department of Transportation (Caltrans) makes LCTOP grant funds available through the California Air Resources Board's Cap-and-Trade Program. In February 2018, the State Controller's Office notified eligible agencies of FY 2017-18 fund allocation amounts, including $24.7 million apportioned to Metro. To claim the grant award, Metro must prepare a request describing the proposed transit expenditures that will be funded using the LCTOP allocation. The grant application package must include a Board resolution that: 1) authorizes the CEO or his designee to claim $24.7 million in FY 2017-18 LCTOP funds; 2) identifies the projects to be funded with the LCTOP funds; and 3) authorizes the CEO or his designee to execute and amend all required LCTOP documents with Caltrans including the Certifications and Assurances and Authorized Agent forms. As in FY17, staff is proposing to fund the operations of the Gold Line Foothill Extension Phase 2A and Expo Line Phase 2. Staff is seeking Board approval to submit the resolution contained in Attachment A.
Discussion
DISCUSSION
LCTOP Program Funding
The LCTOP was created by California Senate Bill...
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