AgdaPkt 2013-02-25 - Laserfiche WebLink

Browse Search

6.1.C. - Page 1 RE PO RT To the Honorable Mayor and City Council From the Cit Mana er February 25, 2013 SUBJECT Selection of the Middlefield Road Streetscape Project to Use Transit Oriented Development (TOD) Housing Incentive Program Grant Funding RECOMMENDATION By motion, authorize the City Manager to execute related grant documents and accept funds. BACKGROUND On January 14, 2011 the City of Redwood City (City) responded to the Transit Oriented Development (TOD) Housing Incentive Program call for projects by the City/County Association of Governments of San Mateo County (C/CAG) with two applications. One application was for 640 Veterans Boulevard (Dodge Dealership Development site) and one was for 2580 EI Camino Real (Mel's Bowl site). On March 10, 2011 the C/CAG Board of Directors committed to program the following incentives to the City of Redwood City as part of the TOD Program: • $494,000 incentive for 640 Veterans Boulevard • $258,000 incentive for 2580 EI Camino Real On August 3, 2012 the City confirmed to C/CAG that both projects had been approved by the City and that they are under construction. In order to claim these incentive funds, the City must identify the transportation project(s) which will use the funds, in writing to C/CAG by March 10, 2013. ANALYSIS Project selection for the TOD funds must take into account the program's associated eligibility requirements. Eligible transportation projects must comply with the requirements of both the Congestion Management and Air Quality (CMAQ) program and the One Bay Area Grant (OBAG) program. In this case, the CMAQ guidelines largely inform the type of eligible project (new construction that improves air quality) and the OBAG guidelines inform where the eligible project needs to be located (within a priority development area or within proximate access of one).