REPORT TO COUNCIL
SUBJECT
Title
Authorize the City Manager to Sign a Funding Agreement with the Valley Transportation Authority for the Peery Park Rides Shuttle Program and Approve Budget Modification No. 7 in the amount of $500,000
Report
BACKGROUND
In early 2016, the City, in partnership with the Valley Transportation Authority (VTA), was awarded $1,129,000 in grant funding from the Metropolitan Transportation Commission (MTC) made available through the Climate Initiatives Parking Management and Transportation Demand Management (TDM) Grant Program. As a part of the grant application, the City Council authorized a local match commitment of up to $400,000 (Attachment 2) to be paid from money received through the Community Benefits Program collected from development projects within the Peery Park Specific Plan (PPSP) area. In September 2016, in conjunction with the adoption of the PPSP, the City Council approved the use of an additional $100,000 to ensure the shuttle program would be fare free to passengers (Attachment 3).
The City and VTA hoped to launch the Peery Park Rides program in the summer of 2020. However, Covid-19 has created a pause in the program as many of the potential riders in Sunnyvale are working from home for the foreseeable future. Although there is no current estimate for when the service will launch, authorizing the funding agreement and approving the budget modification puts the City in a position to move forward on program efforts when deemed viable.
EXISTING POLICY
Sunnyvale General Plan
Chapter 3: Land Use and Transportation
LT-3.28b Advocate expansion of and enhancement to bus, light rail, commuter rail, and shuttle services within Sunnyvale, consistent with adopted service level standards and incorporating a certainty of ongoing investment.
LT-14.9a Encourage carpooling, shuttles, and transit access to public and quasi-public services to minimize adverse traffic and parking impacts on neighborhoods.
Peery Park Specific Plan
Cha...
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