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HomeMy WebLinkAboutAGENDA REPORT 2016 0518 CCSA REG ITEM 10C ITEM 10.C. CITY OF MOORPARK,CALIFORNIA City Council Meeting of Si F-16/4 ACTION: 4p�ern( MOORPARK CITY COUNCIL A AGENDA REPORT BY: 4 _ TO: Honorable City Council 5� FROM: Sean Corrigan, City Engineer/Public Works Director ,5._.- .2r Prepared By: Shaun Kroes, Program Manager DATE: April 29, 2016 (CC Meeting of 05/18/16) SUBJECT: Consider Amendment to Cooperative Agreement with the Ventura County Transportation Commission for Administration of Funds from the Proposition 1B Public Transportation Modernization, Improvement and Service Enhancement Account BACKGROUND On October 5, 2012, the Ventura County Transportation Commission (VCTC) approved two applications from the City of Moorpark (City) for Proposition 1B (Prop 1B) Public Transportation Modernization, Improvement and Service Enhancement Account (PTMISEA) for the following projects and amounts: 1. Two replacement compressed natural gas (CNG) buses ($774,000). The new buses will replace two existing diesel buses (2005 El Dorado MST II model). 2. Expansion of the Metrolink North Parking Lot and slurry seal of the existing Metrolink North Parking Lot ($317,000). DISCUSSION The City completed procurement of the replacement buses earlier this year. By the time the project was completed, an estimated $10,000 in accrued interest was associated with the Prop 1B fund. Rather than internally adjust the City's expenditures of the bus replacement project to use the accrued interest, staff worked with VCTC to transfer the accrued interest to the Metrolink North Parking Lot project, which is still in design and will likely need the additional funding to complete the project. The request to transfer the accrued interest was approved by VCTC on March 4, 2016, and has also been approved by the California Department of Transportation. Staff from VCTC has provided City staff with the attached Amendment to the Cooperative Agreement for the City to approve. 222 Honorable City Council May 18, 2016 Page 2 FISCAL IMPACT The City will be able to spend interest accrued from the bus replacement project on the Metrolink North Parking Lot Expansion Project(CIP 8063). At this time, staff anticipates an additional $10,000.00 in interest to be available. STAFF RECOMMENDATION 1. Authorize the Mayor to sign the Amendment to the Cooperative Agreement subject to final language approval by the City Manager. Attachment: Amendment to the Cooperative Agreement 223 AMENDMENT TO THE COOPERATIVE AGREEMENT BETWEEN THE VENTURA COUNTY TRANSPORTATION COMMISSION AND THE CITY OF MOORPARK WHEREAS, the Ventura County Transportation Commission (VCTC) and the City of Moorpark (City) entered into an agreement on September 6, 2013 (the "Agreement") regarding the administration of funds from the Proposition 18 Public Transportation Modernization,.Improvement and Service Enhancement Account (PTMISEA); and, WHEREAS, the Agreement includes $317,000 in for the expansion of the Moorpark Metrolink North Parking Lot and $774,000 for the purchase of two replacement CNG buses; and, WHEREAS, the Replacement CNG Bus Purchase Project has been completed and has remaining accrued interest, and WHEREAS,the Moorpark Metrolink North Parking Lot project is in need of additional funding, and WHEREAS, VCTC approved reprogramming City of Moorpark Proposition 18 Transit Capital Fund balances along with any accrued interest from the Replacement CNG Bus Purchase Project to the Moorpark Metrolink North Parking Lot project. NOW THEREFORE, the Agreement dated September 6, 2013 is hereby amended as follows: 1) The City of Moorpark Proposition 1B Transit Capital Fund accrued interest is transferred from the Replacement CNG Bus Purchase Project to the Moorpark Metrolink North Parking Lot project. 2) This amendment is dated March 4, 2016 and shall become effective when VCTC notifies the City that it has received Caltrans approval of its request to reprogram PTMISEA funds as described herein. 3) Except as modified hereby, the Agreement remains in full force and effect. 224 CITY OF MOORPARK VENTURA COUNTY TRANSPORTATION COMMISSION Janice S. Parvin, Mayor - Keith Millhouse Mayor Chairman ATTEST: .� . j Ask/e Maureen Benson, City Clerk Dole, Clerk of the Board • APPROVED AS TO FORM: Steven Kueny Darren M. Kettle • City Manager . Executive Director • j91--Av Kevin Ennis. Steven T. Mattas - City Attorney • General Counsel 225