TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager/Chief Executive Officer
SUBJECT: FY22-23 Transit Performance Initiative (TPI) Investment Application
ACTION ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider authorizing the General Manager or his designee to file and execute applications for the Metropolitan Transportation Commission (MTC) FY 2022-23 Transit Performance Initiative - Investment (TPI-Investment) grant program for the Foothill Corridor Planning Study and MacDonald Transit Signal Priority (TSP) Project.
Staff Contact:
Chris Andrichak, Chief Financial Officer
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STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
Applying for grant funds for these projects will help the District in funding vital capital projects that will improve transit performance.
BUDGETARY/FISCAL IMPACT:
Staff recommends applying for approximately $5 million in Fiscal Year 2022-23 TPI-Investment program grant funds to do a planning study of the Foothill Corridor in Oakland and install Transit Signal Priority (TSP) equipment and optimize bus stops along MacDonald Avenue in Richmond. An 11.47% match of approximately $573,500 is required, which will come from District capital or other grants.
BACKGROUND/RATIONALE:
The TPI program is administered by MTC. For FY 2023, MTC estimates a minimum of $15 million of One Bay Area Grant Round 2 (OBAG2) funds along with a potential augmentation of $4 to $6 million Cap-and-Trade Low Carbon Transit Operations Program (LCTOP) funds. The TPI program's goal is to fund lower-cost capital improvements that will improve operations and customer experience on urban trunk lines.
Staff proposes applying to the TPI-Investment program for approximately $5 million in funding for the following projects:
1. Foothill Corridor Planning Study
* The Foothill Boulevard study/plan will create a transit corridor plan for Foo...
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