REPORT TO BICYCLE AND PEDESTRIAN ADVISORY COMMISSION
SUBJECT
Title
Recommend to City Council a Project for the Application of Transportation Development Act (TDA) Article 3 Funding for Fiscal Year 2023/24
Report
BACKGROUND
TDA Article 3 is a source of funding created by State legislation and processed through the Santa Clara Valley Transportation Authority and Metropolitan Transportation Commission (MTC) that annually returns sales tax revenues designated for bicycle and pedestrian projects to local agencies.
The eligibility requirements to receive funds in Fiscal Year (FY) 2023/24 funding cycle are outlined in the Metropolitan Transportation Commission (MTC) Resolution No. 4108, "Transportation Development Act, Article 3, Pedestrian/Bicycle Projects, Policies and Procedures" (Attachment 2).
At the March 17, 2022 Bicycle and Pedestrian Advisory Commission (BPAC) meeting, BPAC voted to bank FY 2022/23 funding in the amount of $210,629 for future use. The FY 2023/24 TDA funding amount is $125,991. Combined with the amount banked last year, for FY 2023/24, the City anticipates having $336,620 for reimbursement of eligible projects.
The City Council is scheduled to consider this item on June 20, 2023.
EXISTING POLICY
General Plan, Chapter 3, Land Use and Transportation Element:
* Goal LT-1: Coordinated Regional and Local Planning - Protect the quality of life, the natural environment, and property investment, preserve home rule, secure fair share of funding, and provide leadership in the region.
* Goal LT-2: Environmentally Sustainable Land Use and Transportation Planning and Development - Support the sustainable vision by incorporating sustainable features into land use and transportation decisions and practices.
* Goal LT-3: An Effective Multimodal Transportation System - Offer the community a variety of transportation modes for local travel that are also integrated with the regional transportation system and land use pattern. Favor accommodation of alternati...
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