RECOMMENDATION(S):
APPROVE the submission of grant applications to the Metropolitan Transportation Commission and Contra Costa Transportation Authority under the One Bay Area Grant Cycle 3 Program, as recommended by the Public Works Director, Countywide.
FISCAL IMPACT:
If awarded, grant matching requirements will be funded by Local Road Funds. It is estimated that the three recommended projects will be funded by 80% One Bay Area Grant 3 Funds and 20% Local Road Funds.
BACKGROUND:
Federal funds awarded from the OBAG 3 Program will augment local road funds, stretching local dollars to build improvements that would not be possible otherwise. OBAG3 is a federal funding program which is administered by MTC. MTC is the transportation planning, financing, and coordinating agency for the nine-counties of the San Francisco Bay Area.
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