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File #: 23-138    Name: Measure K Coop Agmnt
Type: Resolution Status: Passed
File created: 11/1/2023 In control: City Council
On agenda: 11/15/2023 Final action: 11/15/2023
Enactment date: 11/15/2023 Enactment #: Res No. 2023-258
Title: Adopt Resolution Authorizing City Manager to Execute Measure K Renewal Cooperative Agreement with San Joaquin Council of Governments for GrapeLine Operations Project, to Receive Funds for Fiscal Years 2023/24, 2024/25, 2025/26 and 2026/27 ($1,600,000) (PW)
Attachments: 1. Attachment 1 - Measure K Coop Agmnt, 2. Attachment 2 - Resolution

 

AGENDA TITLE:                                                                                                                                                                                             

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Adopt Resolution Authorizing City Manager to Execute Measure K Renewal Cooperative Agreement with San Joaquin Council of Governments for GrapeLine Operations Project, to Receive Funds for Fiscal Years 2023/24, 2024/25, 2025/26 and 2026/27 ($1,600,000) (PW)

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MEETING DATE:                     

November 15, 2023

 

PREPARED BY:                     

Julia Tyack, Transportation Manager

 

recommendation

RECOMMENDED ACTION:

Adopt resolution authorizing City Manager to execute Measure K Renewal Cooperative Agreement with San Joaquin Council of Governments for GrapeLine Operations Project, to receive funds for Fiscal Years 2023/24, 2024/25, 2025/26 and 2026/27, in the amount of $1,600,000.

 

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BACKGROUND INFORMATION:

The San Joaquin Council of Governments (SJCOG) administers the regional half-cent sales tax, Measure K Renewal program. Measure K provides funding for a variety of transportation projects, including transit funding.

 

The Measure K Renewal Cooperative Agreement establishes Measure K funding for Lodi Transit operations that will amount to $1,600,000 over four fiscal years ($400,000 each year) starting July 1, 2023. The City’s Short Range Transit Plan Financial Plan includes Measure K funds as a revenue source for transit operations, along with Federal and state funds.

 

STRATEGIC VISION:

8. Public Well-Being: Be a recognized leader in generating a happy, healthy, high quality of life for all.

 

FISCAL IMPACT:

Without approval of the Measure K Renewal Cooperative Agreement, the City would not receive Measure K funding for transit operations. This could reduce the amount of Federal and state funds available for capital projects. This revenue was budgeted in Fiscal Year 2023/24 for the transit program. There is no impact to the General Fund.

 

FUNDING AVAILABLE:

Not applicable.

 

                                          _______________________________________

                                                            Charles E. Swimley

                                                            Public Works Director

                                                           

 

                                          _______________________________________

                                                            Andrew C. Keys

                                                            Interim City Manager