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Res19 15780
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Res19 15780
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Last modified
6/26/2019 12:42:36 PM
Creation date
6/26/2019 12:42:11 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/24/2019
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REDWOOD CITY <br />Funding Options <br />7.1 Funding Strategies Developed Regionally <br />BASMAA created the 'Roadmap for Funding of Sustainable Streets" in which <br />it describes a roadmap that was developed to identify and remedy obstacles <br />to funding for Sustainable Street projects, which are defined as projects that <br />include both Complete Street improvements and green stormwater <br />infrastructure, and that are maintained in a state of good or fair condition. <br />It includes specific actions in the roadmap that are designed to improve the <br />capacity — both statewide and in the San Francisco Bay Area -- to fund <br />Sustainable Street projects that support compliance with regional permit <br />requirements to reduce pollutant loading to San Francisco Bay, while also <br />helping to achieve the region's greenhouse gas reduction targets. <br />It also states some of the challenges of obtaining funding. To date, Sustainable <br />Streets have faced funding obstacles due to the restrictions of various funding <br />programs, which may not recognize the potential for overall cost savings that <br />local agencies may achieve through multi -benefit Sustainable Streets projects. <br />For example, some transportation grants may fund only some aspects of a <br />Sustainable Street project, while resource grants may fund other aspects. <br />Assembling multiple funding sources brings new challenges and costs to a <br />project. The roadmap also identifies the financial needs to support the <br />placement of Sustainable Streets, considering that cities throughout the Bay <br />Area, and in other parts of California, are required to invest in widespread <br />construction of infrastructure projects that remove pollutants from <br />stormwater runoff in order to achieve water quality goals for San Francisco <br />Bay. The cost is anticipated to parallel the costs to meet similar requirements <br />in other parts of the state. For example, City of Los Angeles alone, over the <br />next 20 to 30 years, has estimated that $7 to $9 billion dollars will be needed <br />to implement the city's Water Quality Compliance Master Plan for Urban <br />Runoff (Farfsing and Watson 2014). <br />Lastly, the roadmap includes the benefits, which include climate change <br />mitigation, air quality improvement, water quality improvement, localized <br />flood control, and community benefits. <br />RWC GREEN INFRASTRUCTURE PLAN <br />GREEN INFRASTRUCTURE PLAN <br />33 JUNE 2019 <br />ATTY/RE50.0075/CC RESO APPROVING THE GREEN INFRASTRUCTURE PLAN — EXHIBIT A RESO. NO. 15780 <br />REV: 06-20-19 PR <br />MUFF NO. 802 <br />
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