Title
Fiscal Year 2020-21 Through Fiscal Year 2024-25 State Rail Assistance
Overview
Senate Bill 1, the Road Repair and Accountability Act of 2017, is expected to provide over $54 billion in funding by 2027 to maintain and improve California’s transportation system. An element of Senate Bill 1, the State Rail Assistance program, provides funding for both operational and capital improvements to commuter and intercity passenger rail services. Consistent with the Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency annual business plan and State Rail Assistance program guidelines, staff has developed a proposed five-year program of projects to utilize these funds.
Recommendation(s)
A. Approve the recommended program of projects for Fiscal Year 2020-21 through Fiscal Year 2024-25 State Rail Assistance formula funds.
B. Approve Resolutions No. 2020-L001 and No. 2020-L002 authorizing the Managing Director to act on behalf of the Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency in obtaining funding under the State Rail Assistance Program.
C. Authorize the Managing Director to negotiate and execute necessary agreements and program supplements to facilitate the utilization of State Rail Assistance funding.