Title:
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RESOLUTION - APPROVAL OF FUNDING AGREEMENT AND SUPPLEMENT TO FUNDING AGREEMENT WITH METROPOLITAN TRANSPORTATION COMMISSION RE: DOWNTOWN STATION AREA SPECIFIC PLAN UPDATE
RECOMMENDATION: It is recommended by the Planning and Economic Development Department that the Council, by two resolutions, (1) approve the Master Funding Agreement with the Metropolitan Transportation Commission (MTC) for planning, programming, transportation, transit, land use and other projects for fiscal years 2018/2019 through 2027/2028; and(2) approve Supplement One to the Master Funding Agreement with MTC for the Downtown Station Area Specific Plan Update; and (3) authorize the Chief Financial Officer to appropriate $800,000, with the source of funds being a $800,000 grant from the Metropolitan Transportation Commission.
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