Agdapkt 2010-12-06 clsd and regular

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� 6.1 C Pa e 1 REPORT To the Honorable Ma or and Ci Council Y tY From the Cit Mana er December 6, 2010 SUBJECT Funding agreement for the Redwood City Mid Point Caltrain Shuttle RECOMMENDATION Approve by motion, the funding agreement to establish the process, terms, and conditions governing the allocation and expenditure of New Measure A funds for the Redwood City Mid Point Caltrain Shuttle (shuttle agreement), and authorize the City Manager to execute the same. BACKGROUND In 1988, San Mateo County voters approved a tax ordinance, Measure A, which authorized a half percent sales tax to be used to improve transit and relieve traffic congestion. At that time, the San Mateo County Board of Supervisors created the San Mateo County Transportation Authority (TA) to administer the sales tax funds and implement the project and objectives identified in the TA's Transpo►tation Expenditure Plan. Measure A was scheduled to expire at the end of 2008, however in 2004 San Mateo County voters extended Measure A through 2033. The extension of the funding provision was accompanied by an updated Transportation Expenditure Plan, and the City entered into an agreement (January 2009) with the TA governing the terms and conditions of the allocation and expenditure of the New Measure A funds. In addition to the broader January, 2009 agreement that governs the general terms and conditions of Measure A fund expenditures, a separate agreement is required to govern the allocation and expenditure of New Measure A funds specifically for the Redwood City Mid Point Caltrain Shuttle. The shuttle agreement addresses project oversight and reporting, funding and payment, indemnification and insurance, and other items pertaining to the shuttle project. Entering into this agreement does not constitute a project under the California Environmental Quality Act (CEQA) and no CEQA action is necessary at this time. ALTERNATIVES Council may choose to not approve the shuttle agreement or may direct staff to seek modification of specific terms or conditions. FISCAL 1MPACT Redwood City requested, and the TA's Board of Directors programmed and allocated up to $47,900 of funding in FY 2011, with an additional $50,000 allocation planned to occur after the adoption of the FY 2012 TA budget, for the Redwood City Mid Point Caltrain Shuttle ($97,900 total). Per the terms of the shuttle agreement, Redwood City will contribute, or provide for the contribution of, any amount in excess of $97,900 needed to complete the project and will provide at least 50% of the total project costs.