Legislation Details

File #: 22-768    Version: 1 Name:
Type: Discussion/Action Item Status: Agenda Ready
File created: 2/6/2024 In control: City Council
On agenda: 2/13/2024 Final action:
Title: Cooperative Funding Agreement with West Contra Costa Transportation Advisory Committee (WCCTAC) to Receive an Additional $800K in Subregional Transportation Mitigation Program (STMP) Funding for The Hub. RECOMMENDATION: Adopt a resolution approving a Cooperative Funding Agreement with West Contra Costa Transportation Advisory Committee (WCCTAC) to receive $800K in Subregional Transportation Mitigation Program (STMP) funding in addition to the original $750K for a total new Agreement amount of $1.55M to advance The Hub and authorizing the City Manager to execute the Agreement on behalf of the City.
Attachments: 1. Staff Report -STMP Agreement, 2. Attach 1 - Resolution - STMP Agreement, 3. Attach 2 - Hercules Combined Funding Agreement-Final 2024-01-17

Title

Cooperative Funding Agreement with West Contra Costa Transportation Advisory Committee (WCCTAC) to Receive an Additional $800K in Subregional Transportation Mitigation Program (STMP) Funding for The Hub.

RECOMMENDATION:

Adopt a resolution approving a Cooperative Funding Agreement with West Contra Costa Transportation Advisory Committee (WCCTAC) to receive $800K in Subregional Transportation Mitigation Program (STMP) funding in addition to the original $750K for a total new Agreement amount of $1.55M to advance The Hub and authorizing the City Manager to execute the Agreement on behalf of the City.