AgdaPkt 2003-04-28 - Laserfiche WebLink

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SB 916 Senate Bill - AMENDED Page 16 of 29 q. D -24 Forty -five million dollars ($45,000,000). Project sponsor is BART. (32) I -580 (Tri Valley) Rapid Transit Corridor Improvements. Provide rail or High Occupancy Vehicle lane direct connector to Dublin BART and other improvements from I -580 in Alameda County for use by express buses. Sixty -five million dollars ($65,000,000). Project sponsor is Alameda County Congestion Management Agency. (33) Regional Rail Master Plan. Provide planning funds for integrated regional rail study pursuant to subdivision (f) Section 30914.5. Three million dollars ($3,000,000). Project sponsors are Caltrain and BART. (34) Integrated Fare Structure Program. Provide planning funds for the development of zonal monthly transit passes pursuant to subdivision (e) of Section 30914.5. One million five hundred thousand dollars ($1,500,000). Project sponsor is the Translink Consortium. (35) High Speed Rail Planning. Provide funds or reimburse funds expended to.study the High Speed Rail Altamont Pass alternative and a new rail bridge parallel to the Dumbarton rail bridge in an environmental review document. Two million dollars ($2,000,000). Project sponsor is the High Speed Rail Authority. (36) Transit Commuter Benefits Promotion. Marketing program to promote tax - saving opportunities for employers and employees as specified in Section 132(f)(3) of the Internal Revenue Code . Goal is to increase the participation rate of employers offering employees a tax -free benefit to commute to work by transit. The project sponsor is the Metropolitan Transportation Commission. Five million dollars ($5,000,000). (c) Not less than 38 percent of the revenues generated from the 2004 toll increase shall be made available annually for the purpose of providing operating assistance for transit services as set forth in the authority's annual budget resolution. The funds shall be made available to the provider of the transit services subject to the performance measures described in Section 30914.5. If the funds cannot be obligated for operating assistance consistent with the performance measures, these funds may be obligated for other purposes consistent with this chapter. Except for operating programs that do not have planned funding increases and subject to the 38 percent limit on total operating cost funding in any single year, following the first year of scheduled operations, an escalation factor, not to exceed 1.5 percent per year, shall be added to the operating cost funding through fiscal year 2015 -16, to partially offset increased operating costs. The escalation factors shall be contained in the operating agreements described in Section 30914.5. Subject to the limitations of this paragraph, the authority may annually fund the following operating programs: (1) Golden Gate Express Bus Service over the Richmond Bridge (Route 40). Two million one hundred thousand dollars ($2,100,000). (2) Napa Vine service terminating at the Vallejo intermodal terminal. Three hundred ninety thousand dollars ($390,000). (3) Regional Express Bus North pool serving the Carquinez and Benicia bridge corridors. Three million four hundred thousand dollars ($3,400,000). (4) Regional Express Bus South pool serving the Bay Bridge, San .Mateo Bridge, and Dumbarton Bridge corridors. Six million five hundred thousand dollars ($6,500,000). (5) Dumbarton Rail. Five million five hundred thousand ($5,500,000). (6) Water Transit Authority, Alameda /Oakland /Harbor Bay. A portion of the operating funds may be dedicated to landside transit ±.I1 "I. ...'.1. nnn, nn:nl l- n I'll "nn'n.n. .... l , , I .,n.,�nnn