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Agdapkt 2010-12-06 clsd and regular
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Agdapkt 2010-12-06 clsd and regular
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Last modified
7/9/2012 10:25:30 AM
Creation date
12/2/2010 3:32:47 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
12/6/2010
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I ' <br /> 6.1 C <br /> Page 30 <br /> Leveraged resources: <br /> The employer group has been stable; covering the local grant match. The requested funds will <br /> leverage 50% of the operating budget from other sources. <br /> Safety: <br /> Providing near door service for Redwood City employers and residents has provided increased <br /> safety and security for the employees and residents. Without the shuttle, those utilizing transit <br /> would be required to walk up to 4/10ths of a mile from the nearest SamTrans bus stop. <br /> Personal safety has further increased because a transit user is not required to walk the streets <br /> of an empty business park after dark as a potential target of personal crime. Also, by <br /> encouraging the use of transit, the commuters' mental health is typically improved as they do <br /> not have the stress associated with driving in heavy traffic. <br /> This last item is also a benefit to participating employers as there is an opportunity for reduced <br /> absenteeism and increased worker productivity. <br /> Effective use of funds: <br /> The service is projected to utilize the following percentages of funds to cover operating <br /> expenses for fiscal years 2010/2011 & 2011/2012: <br /> Employer/City (local match): $ 90,400 46.2% <br /> TFCA Grant: $ 7,500 3.8% <br /> SMCTA Measure A: $ 97.900 50.0% <br /> Total Revenue Projected: $195,800 100.0% <br /> The Measure A funds are leveraging 50.0% of funding from other sources. <br /> Alliance provides "in kind" management of the service including vendor oversight, <br /> vendor/customer liaison, consortium management, finance, marketing, promotional materials <br /> and grant ove�sight. <br /> SMCTA Measure A- Local Shuttle Program Call for Projects Page 15 of 16 <br /> Application Document (March 31, 2010} <br />
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