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HomeMy WebLinkAboutItem 2b: Jobs for Main Street Act of 2010 Funding RequestsDATE: February 16, 2010 TO: Mayor and City Council SUMMARY DISCUSSION STAFF REPORT Development Services Department FROM: Jason Kruckeberg, Assistant City Manager /Development Services Director J< �}t j Philip A. Wray, Deputy Director of Development Services /City Engineee' By: Linda Hui, Transportation Services Manager SUBJECT: JOBS FOR MAIN STREET ACT OF 2010 (HR 2847) FUNDING REQUESTS Recommendation: Receive and file The Jobs for Main Street Act of 2010 — HR 2847 (Job Act), to be acted upon by the Senate this month, will provide opportunities for local and State agencies to seek funding for many programs including transportation related projects. The Job Act is commonly referred to as the second major "stimulus" package funded by the Federal government. In anticipation of the passage of the Job Act, Los Angeles County Metropolitan Transportation Authority (Metro) has initiated a solicitation of potential projects throughout the County. Arcadia staff submitted two street related improvement projects to Metro for consideration. Staff is providing the material for the Council's information and requests that the Council receive and file this report. The Jobs for Main Street Act of 2010 when enacted will encompass a number of programs through which cities may apply for money to pay for certain services, programs, and projects. The Job Act is the second major Federal "stimulus" package to be released. For the first package, the City was successful in obtaining funding for three street resurfacing projects. The Job Act as written today requires funds to be apportioned within 21 days of the enactment, and to be obligated within 90 days of the fund apportionment. Due to this extremely restrictive timeline, Metro has initiated the inventory of potential projects throughout the County. The deadline to submit potential projects to Metro was February 5, 2010. Under these conditions, staff determined that the projects that have been previously identified in the Federal process would have the only legitimate chance of meeting the 90 day timeline. Because of the steps involved to obtain Federal approval, it would be extremely difficult if not impossible to submit a new project for this request and still meet the timeline. Thus, staff selected the following two projects already in the Federal process as candidates for the Job Act funding. Staff Report February 16, 2010 Page 2 • Rehabilitation of Duarte Road from Santa Anita Avenue to East City Limit: $770,000. Originally, staff identified the Federal Surface Transportation Program — Local (STPL) and Proposition C Local Return funds as the funding sources for this project. The City Council approved this project in the 2009/10 fiscal year Capital Improvement Program. If the City is successful in obtaining funding through the Job Act, the existing funds slated for this project will be available for other transportation improvement project(s). On a separate but related note, Metro has offered the City an opportunity to exchange the City's STPL fund balance with Metro's more flexible local fund to avoid the lapsing of STPL. Metro's local fund allows the City more flexibility and time to build up the fund for a more substantive transportation project. • Pedestrian Linkages/Sidewalk Improvements at Various Locations: $600, 000 This project was one of four projects developed and nominated to be funded by the first stimulus package, American Recovery and Reinvestment Act of 2009 (ARRA). However, the amount allocated to the City under the ARRA was adequate enough for only three projects. Thus, currently there is no other funding source identified for this project. This project has no current funding source and is not in the Capital Improvement Program. The locations anticipated for this project include Colorado Place in the vicinity of Huntington Drive; Sunset Boulevard between Portola and Balboa Drives; and Golden West Avenue between Huntington Drive and Fairview Avenue. It is uncertain whether either one or both of these projects will be funded. However, due to the tight timeline, staff has initiated the design process internally for both projects in anticipation of receiving the Job Act funds. In addition, provisions were included in the Job Act for transit capital assistance. If the Job Act is enacted as it is written today, the City of Arcadia as an included municipal transit operator is slated to receive approximately $340,000 for transit capital related projects. Examples of transit capital projects include improvements to bus stops, benches and trash receptacles. Once the funding is allocated, a specific project will be brought back to the Council for review and approval. As new information becomes available staff will update the City Council. The projects referenced above will require specific Council approval for authorizing the award. FISCAL IMPACT No impact. RECOMMENDATION It is recommended that the City Council receive and file this report. Approved by: Donald Penman, City Manager JK:PAW:LH:pa C Arcadia Development Services Department Engineering Division February 2010 SIERRA'IADRE BL ORANGE GRGIE AVE American Recovery & Reinvestment Act 2009 Projects A t Jobs Act 2010 Projects O (proposed)