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REGIONAL STRATEGIC TRANSPORTATION FUND INTERLOCAL AGREEMENT | | | |
| | | | | | | | | Background | | In November 2020, the Transportation Policy Council (TPC) approved an update to the Transportation Development Credit policy. As part of this update, the TPC approved creation of the Regional Strategic Transportation Fund to provide a mechanism to exchange transportation development credits for local funds. These local funds would then be used to support lower-cost, high impact transportation projects that can be implemented in the near-term and improve funding flexibility. |
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| | | | | | | | | Current Situation | Over the last year, H-GAC staff and the City of Houston have held discussions to identify projects that are eligible for the Regional Strategic Transportation Fund program. If approved, the TPC would increase the federal funding amount and provide transportation development credits as the match. In exchange, the City would provide 10% of the project cost to be placed into the Regional Strategic Transportation Fund. The City would also commit to spend 10% of the project cost on other transportation activities within the region.
An Interlocal Agreement with the City of Houston is needed to receive $9,146,000 into the Regional Strategic Transportation Fund. The TPC can use the funds to support H-GAC-sponsored grant applications as well as projects that impact the following focus areas.
- Non-state routes in rural areas
- Maintenance and preservation of roadways in small-urban, rural and economically disadvantaged areas
- Investment in local active transportation projects
- Localized safety improvements to address discrete pedestrian conflict points and intersections
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| | | | | | | | | Action Requested | | Request authorization to negotiate and execute an interlocal agreement with the City of Houston for the Regional Strategic Transportation Fund; total amount $9,146,000. (Staff Contact: Craig Raborn) |
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