TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager/Chief Executive Officer
SUBJECT: Application for FY23 USDOT RAISE Grant
ACTION ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider authorizing the General Manager or his designee to file and execute grant applications and funding agreements with the United States Department of Transportation (USDOT) for Fiscal Year (FY) 2023 Rebuilding American Infrastructure with Sustainability and Equity (RAISE) discretionary grant program.
Staff Contact:
Chris Andrichak, Chief Financial Officer
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
Securing grant funds for this project will help the District in funding a vital planning study that will be the first step towards redeveloping the Division 4 operating facility.
BUDGETARY/FISCAL IMPACT:
The District is applying for up to $12 million to conduct a planning study for the Division 4 maintenance facility. The total project cost is estimated to be $15 million. If awarded, the District will need to provide $3 million as the required 20% match with District capital or other funds.
BACKGROUND/RATIONALE:
On December 15, 2022, the United States Department of Transportation (USDOT) released the notice for $1.5 billion of grant funding through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) discretionary grant program for 2023. The discretionary grant program will fund planning and capital projects that are not typically funded by other USDOT grant programs.
Staff proposes to apply for funding for a planning study that will be the first step of a larger Division 4 Redevelopment project. The study will cover environmental clearance and preliminary design.
Division 4 is located in East Oakland and urgently needs to be redeveloped due to its age, conditions, and lack of capacity. Most of the buildings have n...
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