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File #: 2015-1397   
Type: Program Status: Passed
File created: 9/9/2015 In control: Ad Hoc Congestion Reduction Committee
On agenda: 10/14/2015 Final action: 10/22/2015
Title: AD-HOC CONGESTION REDUCTION RECOMMENDED (3-0) AS AMENDED: A. APPROVING the guidelines for Round 2 of the ExpressLanes Net Toll Revenue Allocations (Attachment A); and B. ADOPTING a timely use of funds provision to be applied to projects funded as part of the 2014 (Round 1) Net Toll Revenue Reinvestment Grant Program. DUPONT-WALKER AMENDMENT: include the proposal release period being 3 months versus 2 months and return in January with information on including non-profits.
Sponsors: Board of Directors - Regular Board Meeting
Indexes: Grant Aid, Guidelines, I-10, I-110, Jacquelyn Dupont-Walker, Long Range Transportation Plan, Metro ExpressLanes, Outreach, Policy, Program, Ridership, Subsidies, Sustainable transportation, Tolls, Transit System
Attachments: 1. Attachment A - Net Toll Revenue Guidelines2015, 2. Attachment B - CAGs meeting attendee list, 3. AHCR_Presentation_10-14-15
Meeting_Body
REVISED
AD-HOC CONGESTION REDUCTION COMMITTEE
OCTOBER 14, 2015

Subject/Action
SUBJECT: METRO EXPRESSLANES ROUND 2 NET TOLL REVENUE ALLOCATION GUIDELINES

ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION

Title
AD-HOC CONGESTION REDUCTION RECOMMENDED (3-0) AS AMENDED:

A. APPROVING the guidelines for Round 2 of the ExpressLanes Net Toll Revenue Allocations (Attachment A); and

B. ADOPTING a timely use of funds provision to be applied to projects funded as part of the 2014 (Round 1) Net Toll Revenue Reinvestment Grant Program.

DUPONT-WALKER AMENDMENT: include the proposal release period being 3 months versus 2 months and return in January with information on including non-profits.

Issue
ISSUE

State law requires net toll revenues generated from the ExpressLanes program be reinvested for transportation improvements in the corridor where generated, pursuant to an expenditure plan adopted by the Metro Board. The Round 2 guidelines incorporate lessons learned from Round 1.

Additionally, as of this date, many of the projects funded as part of Round 1 of the grant program have not executed their initial grant agreements. Staff recommends that a timely use of funds policy be adopted for these projects providing the sponsors with six months ending on April 22, 2016 within which to execute their agreement and begin expenditure of funds or risk lapsing the funds. Incorporation of such a policy is consistent with board adopted policy for other Metro discretionary grant programs. Any funds that are lapsed as a result of non-compliance with this policy will be added to the available funding for Round 2 projects.
Discussion
BACKGROUND

Gross toll revenues generated from the ExpressLanes program are first used to cover the direct expenses related to the maintenance, administration, and operation, including marketing, toll collection, and enforcement activities related to the ExpressLanes. Any remaining revenue ...

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