TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager/Chief Executive Officer
SUBJECT: Application for SB1 Local Partnership Program (Competitive)
ACTION ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider authorizing the General Manager, or his designee, to file and execute applications and funding agreements, and certifications and assurances with the California Transportation Commission for the Senate Bill 1 Local Partnership Program (Competitive) to secure funding for bus purchases.
Staff Contact:
Chris Andrichak, Chief Financial Officer
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Zero Emission Programs
If successful, this application would allow the District to advance our Zero Emission Bus Transition Plan while replacing buses per the District's Transit Asset Management (TAM) performance targets. The District's federal formula grants can be used as match and leverage for large bus purchases.
BUDGETARY/FISCAL IMPACT:
Currently, under the Transit Capital Priorities (TCP) Program, the District has approximately $38 million in federal formula and bridge toll funds for the purchase of 25 fuel cell electric buses and 17 battery electric buses. Given the availability of these funds, and the required match, staff plans to apply for approximately $10 million in Local Partnership Program (LPP) Competitive grant funds to be applied towards these bus purchase projects.
BACKGROUND/RATIONALE:
The Road Repair and Accountability Act of 2017 (Senate Bill 1 or SB1) created the LPP and continuously appropriates two hundred million dollars ($200,000,000) annually statewide to be allocated by the California Transportation Commission (CTC) to local or regional transportation agencies. The LPP helps finance priority transportation projects only in jurisdictions that have sought and received voter approval of taxes or that have imposed fees dedicated solely for transportation impr...
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