File #: 2006-0398    Version: 1
Type: Ordinance Status: Lapsed
File created: 9/5/2006 In control: Transportation Committee
On agenda: Final action: 2/5/2007
Enactment date: Enactment #:
Title: AN ORDINANCE authorizing the county executive to execute an memorandum of agreement with the city of Shoreline to exchange a Federal Transit Administration Congressional appropriation for King County transportation funds.
Sponsors: Bob Ferguson
Indexes: Agreement, Shoreline, City of, Transportation
Attachments: 1. 2006-0398 Fiscal Note.xls, 2. 2006-0398 Transmittal Letter.doc, 3. A. Memorandum of Agreement between King County Metro and the City of Shoreline Relating to the Aurora Avenue North Multi-Modal Corridor Project
Drafter
Clerk 08/30/2006
title
AN ORDINANCE authorizing the county executive to execute an memorandum of agreement with the city of Shoreline to exchange a Federal Transit Administration Congressional appropriation for King County transportation funds.
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STATEMENT OF THE FACTS:
1. The city of Shoreline ("the city") is making capital improvements to Aurora Avenue North ("the project") to facilitate vehicular and public transportation travel. King County Metro will benefit from these improvements through the creation of Business Access and Transit (BAT) lanes and the addition of transit signal priority equipment in the project.
2. The city received a congressional appropriation of Federal Transit Administration ("FTA") Section 5309 bus funds in the amount of $1,475,518 for the project. The city has encountered difficulties in obligating these funds in an FTA grant agreement. If King County does not exchange the FTA appropriation for King County Metro transit local funds, the earmarked funds will lapse and the city will lose access to these funds.
3. King County Metro transit has locally funded projects that are eligible to receive the FTA congressionally appropriated funds.
4. The city has agreed to exchange the $1,475,518 in FTA appropriations for $1,401,742.10 in local county funds, with the reduction representing a five percent administrative cost for exchanging the funds.
5. The city has agreed that the King County funds will not be exchanged for the FTA funds until the FTA funds are received from the federal treasury.
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. The county executive is hereby authorized to execute a memorandum of agreement, substantially in the form attached to this ordinance, with the city of Shoreline to exchange FTA congressionally appropriated funds for locally generated King County Metro transit funds.
SECTION 2. The appropriate county officials, agents and employees are hereby authorized to ta...

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