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HomeMy WebLinkAboutCC 6 S.B. 429 03-18-85AGEN DATE: MARCH 7, 1985 CONSENT CALENDAR NO. 6 3-18-8s Inter- Corn TO: FROM: SUBJECT: WILLIAM HUSTON, CITY MANAGER BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER SENATE BILL 429 - ORANGE COUNTY UNIFIED TRANSPORTATION TRUST FUND RECOMMENDATION: That the Tustin City Council, at their meeting of March 18, 1985, adopt the attached Resolution regarding SB 429 (Seymour) and the creation of an Orange County Unified Transportation Trust Fund and adopt, by minute order, the City's support of the Orange County Unified Transportation Trust Fund as a supplement to and not a replacement of the current Arterial Highway Financing Program. BACKGROUND: S~nate Bill (SB) 429 was recently introduced by State Senator John Seymour and if successful it would earmark the interest earned on an $85 million rapid transit savings account for local street and road projects. The principal amount would be reserved for future rapid transit development. It is estimated that about $9 million would be generated annually, which half would be spent on freeway related projects and half on local street and road projects. The Orange County Transit District has indicated that this generated interest fund would be available for at least three years. DISCUSSION: The interest funds derived from the Local Transportation Fund ($85 million) would be placed into the Orange County Unified Transportation Trust (O.C.U.T.T.) and would be administered by the Orange County Transportation Commission (O.C.T.C.) through guidelines now being developed by a subcommittee representing the twenty-six cities and the County of Orange. City staff has been a member of this subcommittee and concurs with the preliminary guideline as established to date. A copy of these draft guidelines are attached for information. The attached Resolution provides for the City's support of SB 429 and it is recommended that this Resolution be passed and adopted by the City Council and forwarded to O.C.T.C. In addition to the adoption of this Resolution, it is suggested that the City Council reaffirm its position about the current Arterial Highway Financing Program (A.H.F.P.), as administered by the County of Orange, and indicate that the City's support of this new program (O.C.U.T.T.) as a supplement to and not a replacement for the Arterial Highway Financing Program. Bob Ledendecker Director of Public Works/City Engineer BL:jr Attachment 1 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ~,1 23 24 25 26 27 28 RESOLUTION NO. 85-28 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN REGARDING SB 429 (SEYMOUR) AND THE CREATION OF AN ORANGE COUNTY UNIFIED TRANSPORTATION TRUST FUND WHEREAS, the City of Tustin has street and road maintenance, construction, and operation needs far exceeding the resources presently available; and WHEREAS, in the aftermath of the defeat of Proposition A, there is no single local source of revenue to help finance the transportation improvements needed throughout Orange County; and WHEREAS, the best short-term financial option appears to be the re-examination of existing resources to maximize the transportation benefits accruing to the county; and WHEREAS, $85 million has been reserved in the Local Transportation Fund by the Orange County Transit. District and the Orange County Transportation Commission to help pay for a future rapid transit system; and WHEREAS, there is a need to both ease today's transportation problems as well as save for a future capital investment in transit; and WHEREAS, the Orange County Transportation Commission has proposed that the interest earned on the $85 million reserved, estimated to be $8.5 to $9.0 million per year, be deposited in a newly created Orange County Unified Transportation Trust Fund and spent on local street~and roads, arterial highways and other freeway-related transportation purposes; and WHEREAS, state legislation is required to allow the interest on this fund to be used for streets and roads, arterial highways, and other freeway-related transportation purposes; and WHEREAS, the Orange County Transportation Commission is developing spending guidelines for the Orange County Unified Transportation Trust Fund in consultation with the twenty-six cities and the County of Orange; and WHEREAS, the City of Tustin will be eligible to receive funds from the Orange County Unified Transportation Trust Fund to help pay for needed transportation projects. NOW, THEREFORE BE IT RESOLVED, that the City of Tustin endorses the creation of an Orange County Unified Transportation Trust Fund for local streets and roads, arterial highways, and other freeway-related transportation purposes; and 1 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 ~7 ~8 BE IT FURTHER RESOLVED, that the City of Tustin supports SB 429 (Seymour) which would all ow the interest on the $85 million reserved in Orange County's Local Transportation Fund to be used for these purposes. PASSED AND ADOPTED by the City Council of the City of Tustin, California, this 18th day of March, 1985. Mayor ATTEST: City Clerk Orange County Unified Transportation Trust Fund Streets and Roads Element DRAFT GENERAL GUIDELINES .The Orange County Transportation Commission (OCTC) has proposed that the interest earned on the $85 million Local Transportation Fund reserves, estimated to be $8.5 to $9.0 million per year, be deposited in a newly created Orange County Unified Transportation Trust (OCUTT) Fund. Monies deposited in this new fund would be allocated by OCTC, with half of the monies for expenditures on streets and roads and the other half for expenditures on freeway-related transportation projects. This paper outlines the general guidelines governing expenditures of money allocated .for streets and roads projects. Intent The intent of the OCUT'I~ Streets and Roads Element is to provide much needed funds for streets and roads improvements in Orange County. The Streets and Roads Element will be administered in a similar manner as the county's Arterial Highway Financing Program .(AHFP). Guidelines Eligible participants for the OCUTT Streets and Roads Element will include the cities and the County of Orange. The Commission will develop a three-year program of projects to be funded under the OCUTT Streets and Roads Element. In developing the three-year program, the Commission will solicit proposals from the cities and county. The program will be updated annually. Eligible projects will be limited to transportation improvements on the arterial highways as defined on the County of Orange's Master Plan of Arterial Highways (MPAH). To participate in the OCUTT Streets and Roads Element, the following criteria must be met.. 1) a city's MPAH must be consistent with the county's MPAH. 2) the applicant must have an adopted Pavement Management Program. 3) the applicant must provide a 50% match for each project. 4) all projects must be environmentally clear. Eligible expenditures are for construction projects only. These projects would include but not be limited to: - gap closures - rehabilitation - super streets - new facilities - TSM improvements The applicant's right-of-way costs and environmental work can be applied as part of it's 50% match. Donated right-of-way is not eligible. The applicants are responsible for all preliminary engineering. OCUTT Streets and Roads Element will be programmed on a project merit basis. Selection criteria will include the following: - project readiness - safety - multijurisdietional participation - cost-effectiveness - countywide significance ORANGE COUNTY UNIFIED TRANSPORTATION TRUST FUND FREEWAY AND STATE HIGHWAY ELEMENT GENERAL GUIDELINES The Orange County Transportation Commission (OCTC) has proposed that the interest earned on the $85 million Local Transportation Fund reserves, estimated to be $8.5 to $9.0 million per year, be deposited in a newly created Orange County Unified Transportation Trust (OCUTT) fund. Monies deposited in this new fund would be allocated by the OCTC, with half of the monies for expenditure on local streets and roads and arterial highways and the other half for expenditure on freeway-related transportation projects. This paper outlines the general guidelines governing expenditure of monies allocated for freeway- related projects. Intent It is the intent of the OCTC to utilize monies from the OCUTT Freeway and State Highway Element to expedite project delivery and to help build a shelf of high priority state highway improvements of major countywide significance. It is the desire of the Commission to use OCUTT monies to leverage available federal and state financial resources and thereby maximize the flow of revenues into Orange County. Guidelines Eligible projects win be limited to transportation improvements on the State Highway System, including freeways and conventional state highways. In allocating OCUTT monies, the Commission will attempt to maximize the use of federal, state, local, and private funds. The Commission will develop a three-year program of projects to be funded under the OCUTT Freeway and State Highway Element. In developing the three-year program, the Commission will solicit proposals from the cities, county, and Caltrans. The program will be updated annually. In selecting proposals, the Commission will consider their overall priority based on OCTC's adopted Highway Project Prioritization Methodology (currently used by OCTC to prioritize STIP projects) and the following criteria: - projects of major countywide significance project cost project readiness financial feasibility. Eligible expenditures include preliminary engineering, environmental study, design and construction for projects on the state highway system, including but not limited to: New facilities Highway widening and upgrades Super streets HOV/busways Interchanges and overcrossings Freeway landscaping and soundwalls. Right-of-way acquisition will not be eligible for OCUTT.