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Title:
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REPORT - COOPERATIVE FUNDING AGREEMENT WITH SONOMA COUNTY TRANSPORTATION AUTHORITY AND ASSOCIATED FUNDING PLAN AND PROJECT MANAGEMENT FOR PHASE 3 OF THE HEARN AVENUE IMPROVEMENTS PROJECT
BACKGROUND: The City desires to complete Phase 3 of the Hearn Avenue Improvements Project and believes entering into a cooperative funding agreement with the Sonoma County Transportation Authority (SCTA) is a positive step to finally delivering this critical multimodal infrastructure project. The partnership described in the proposed cooperative funding agreement includes a series of actions required by the City Council to establish a final funding plan and retain $5,000,000 granted to SCTA through the Senate Bill Local Partnership Program before those funds lapse at the end of Fiscal Year 2022-23. The proposed funding plan includes moving $3,400,000 in State Transportation Improvement Funds from the US 101 Bicycle and Pedestrian Overcrossing Project (Elliot/Edwards Avenues) to the Hearn Avenue Impr...
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