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HomeMy WebLinkAboutE-10 Staff Report - Approve Resolution for Metro TOD Planning Grant Program FCONSENT ITEM E-10 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL VIA: STEPHAN E. HUNT, CHIEF OF POLICE/ACTING CITY MANAGER FROM: KURT E. CHRISTIANSEN, FAICP, ECONOMIC & COMMUNITY DEVELOPMENT DIRECTOR DATE: JULY 17, 2017 SUBJECT: ADOPT RESOLUTION NO. 2017-C56 APPROVING THE SUBMITTAL OF A GRANT APPLICATION TO LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY FOR THE TRANSIT ORIENTED DEVELOPMENT PLANNING GRANT PROGRAM ROUND 5, IN THE TRANSIT ORIENTED COMMUNITIES TAX INCREMENT FINANCING (TIF) PILOT PROGRAM, FOR A TIF FEASIBILITY STUDY SUMMARY: The City became aware of a grant opportunity from the Los Angeles Metropolitan Transportation Authority for the Metro Transit Oriented Development (TOD) Planning Grant Program Round 5 to conduct a feasibility study for the Transit Oriented Communities (TOC) Tax Increment Financing (TIF) Pilot Program. The proposed actions, adopts Resolution No. 2017- C56 authorizing Staff to submit an application and approve funds in the amount of $7,900 to develop the full application if the City is selected to move forward in the application process. RECOMMENDATION: Staff recommends the City Council take the following actions: 1) Adopt Resolution No. 2017-C56, authorizing Staff to submit an application for grant funds for the Los Angeles County Metropolitan Transportation Authority for the Transit Oriented Development Planning Grant Program Round 5, in the Transit Oriented communities tax increment financing (TIF) Pilot Program, for a TIF Feasibility Study; and 2) Approve funds in the amount of $7,900 to develop the full application only if the City is selected to move forward in the application process. APPROVED CITY COUNCIL 7/17/2017 Resolution for Metro TOD Planning Grant Program July 17, 2017 Page 2 DISCUSSION: The Los Angeles County Metropolitan Transportation Authority (Metro) Transit Oriented Development Planning Grant Program (Program) provides funds to local governments to encourage the development and adoption of land use regulations that promote transit oriented development (TOD). On April 28, 2017 the Metro Board approved Round 5 of the program and a total $3.1 million in funding is available to the County of Los Angeles and all local governments with land use regulatory jurisdiction within a one-half mile of exiting, planned or proposed Metrolink, Metro Rail or Metro Transitway/Bus Rapid Transit stations and adjacent transit corridors. In Round 5, Metro will fund two programs. The City is eligible to apply to the Transit Oriented Communities (TOC) Tax Increment Financing (TIF) District Pilot Program. This pilot program will fund studies that assess the feasibility of creating a tax increment financing districts which include Community Revitalization and Investment Areas (CRIA) or Enhanced Infrastructure Financing Districts (EIFD). The TIF feasibility study requires that transit supportive land use regulations be in place or under development. TIF can be used to finance infrastructure improvements as well as affordable housing. The program objectives include:  Supporting municipalities in implementing complimentary transit-supportive infrastructure projects and affordable housing;  Increasing transit ridership;  Increasing the number of comprehensive, community-driven transit supportive planning efforts around Metro light rail, Metrolink stations, and Metro Transitway/Bus Rapid Transit stations and adjacent transit corridors in Los Angeles County;  Improving local and regional efforts that enhance an equitable integration of transportation and community planning;  Improving the transit network and increase utilization of public transit by reducing the number of modes of transportation necessary to access regional and local transit lines;  Furthering the reduction in greenhouse gases through encouraging in-fill development along transit corridors and transit use.  Supporting and implementing sustainable development principles; and  Increasing opportunities to meaningfully engage diverse stakeholders, especially underserved and vulnerable communities, in advancing transit supportive planning efforts across the region. It is anticipated that the City will request a grant funding amount of $200,000 to carry out the feasibility study. The Program is reimbursement-based. Funding will be disbursed on a quarterly basis subject to satisfactory compliance with the expenditure plan and schedule. The Program would not require local matching funds. Resolution for Metro TOD Planning Grant Program July 17, 2017 Page 3 FISCAL IMPACT: The City has retained Blais & Associates Professional Grant Management to complete and submit the eligibility screening process. The cost of completing and submitting the eligibility screening in the amount of $1,500 is included in the FY2017-18 approved budget under 10-35- 611-000-6399, but it does not include the costs to develop the full grant application. Upon Council approval and if the City is selected to move forward in the application process, Staff will prepare a budget amendment for the estimated cost of $7,900 to develop the full application. Prepared by: Reviewed and Approved: Carina Campos Kurt E. Christiansen, FAICP Economic Development Specialist Director of Economic & Community Development Reviewed and Approved: Reviewed and Approved: Louie F. Lacasella Stephan E. Hunt Management Analyst Chief of Police/Acting City Manager Attachment: 1) Grant Resolution No. 2017-C56 Attachment 1 RESOLUTION NO. 2017-C56 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, TO ENTER INTO A MASTER AGREEMENT, PROGRAM SUPPLEMENT AGREEMENT, FUND EXCHANGE AGREEEMENT, AND/OR FUND TRANSFER AGREEMENT WITH CALTRANS FOR THE ALOSTA AVENUE STREET IMPROVEMENTS PROJECT NO. STPL-5112 (020) WHEREAS, the City of Azusa is eligible to receive Federal and/or State funding for certain Transportation Projects, through the California Department of Transportation (Caltrans); and, WHEREAS, Master Agreements, Program Supplement Agreements, Fund Exchange Agreements, and/or Fund Transfer Agreements need to be executed with Caltrans before such funds could be claimed; and, WHEREAS, the City of Azusa wishes to delegate authorization to execute these agreements and any amendments thereto to the City Manager. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City of Azusa hereby authorizes the City Manager to enter into Master Agreements, Program Supplement Agreements, Fund Exchange Agreements, and/or Fund Transfer Agreements with Caltrans. SECTION 2. The City Clerk shall certify the adoption of this resolution. PASSED, APPROVED and ADOPTED this 17th day of July, 2017. By: ________________________________ Joseph R. Rocha, Mayor I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Azusa at a regular meeting held on the 17th day of July, 2017, by the following vote of the Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTAIN: COUNCILMEMBERS: ___________________________________ Jeffrey Lawrence Cornejo Jr., City Clerk