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to ~ °F MEETING DATE: 06/07/10 <br />ITEM NO. ~ y <br />~,, ,~ ~~ <br />V 11~~, <br />ADS a~5 COUNCIL AGENDA REPORT <br />DATE: MAY 17, 2010 <br />TO: MAYOR AND TOWN COUNCIL <br />FROM: GREG CARSON, TOWN MANAGER <br />SUBJECT: ADOPT RESOLUTION AUTHORIZING STAFF TO FILE AN <br />APPLICATION FOR FEDERAL SURFACE TRANSPORTATION (STP) <br />PROGRAM FUNDING LOCAL STREETS AND ROADS (CSR) <br />REHABILITATION AND RECONSTRUCTION GRANT FOR FY 2010/11 <br />RECOMMENDATION: <br />Adopt resolution authorizing staff to f le an application for Federal Surface Transportation (STP) <br />Program Funding for Local Streets and Roads (CSR) rehabilitation and reconstruction. <br />BACKGROUND: <br />The Town of Los Gatos received acall-for-projects for block grant funding of local sheets and roads <br />for FY 2010/11 and 2011/12. The amount of funding allocated for the Town is $287,000. <br />Preliminary grant applications were due to VTA on Apri128, 2010, and in July 2010 the VTA board <br />will approve the final prof ect list for local agencies. A Council resolution is required to complete the <br />Town's grant application. <br />Tn December 2009, the Metropolitan Transportation Comrnission (MTC) adopted a "Block Grant" <br />program structure for programming future Federal flexible foods through the Congestion <br />Management Agencies (CMA). Part of the new stuucture requires new minimum grant sizes of <br />$500,000. Agencies with annual allocations of less than $500,000 can continue to apply for block <br />grants in the higher amount, but must refrain from future applications until the futm~e allocations <br />amount match or exceed the previously granted amomlts. Because the $500,000 miiumum grant <br />amount is greater than the Town's aruiual regional share of Local Streets & Roads programming, the <br />Town must forego re-applying for similar funds mltil future allocations exceed $213,000. It is <br />anticipated that this will take approximately one year, meaning that the Town would be able to re- <br />apply for similar funding during fiscal year 2012/13. <br />-° ~ ~ ~~ <br />PREPARED BY: TODD CAPURSO <br />Director of Parks and Public Works <br />Reviewed by: ~+_ 5~_Assistant Town Manager ~'~rown Attorney <br />Clerk Administrator yB /Fuiance Community Development <br />N:\PPW\MANAGEMENT\COUNCIL\COUNCIL REPORTS\2010 Reports\June 7\LSRGRANT.University.doc <br />