APPROVAL OF BIKEWAY AND PEDESTRAIAN PATH CONSTRUCTIONAPPLICATIONS FOR FUNDS TDA ARTICLE 3 FUNDS FOR FY 1997 - 98

Recommendation:

It is recommended that the City Council:

1. Approve and adopt Resolution No. 98-______ ,a resolution of the City Council of the City of Hermosa Beach approving the application for discretionary regional funds for the reconstruction of the bikeway and pedestrian path on the Strand from 24th street to the north City limit.

Background:

The purpose of this project is to reconstruct the existing bikeway and pedestrian path on the Strand.

There is an opportunity to receive funds in an amount of $7,716 to fund a portion of the construction cost of bikeway and pedestrian path through Transportation Development Agency (TDA), Article 3 discretionary funds.

Analysis:

TDA Article 3 discretionary funds will be available County-wide for bikeway and pedestrian projects of regional significance. These local funds will be allocated at the discretion of the Commission for new construction, pedestrian facilities, or for off-street bikeway maintenance. Such discretionary funds allocated to new facilities must be spent within two years of allocation, unless a one year extension is granted by Metropolitan Transportation Authority.

Fiscal Impact:

None at this time, as no funds are being expended. This is an application for funding.

Alternative:

An alternative to City Council is:

1. Do nothing: Thereby, allowing available funds to lapse to the County.

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