Common use of Transportation Improvement Program Clause in Contracts

Transportation Improvement Program. Restoration of $1.1 billion annually for capital projects and improvement on the state’s highway system. • Transit and Intercity Rail – $27.5 million annually for transit and intercity rail capital projects and operations • Freeway Service Patrol – $25 million to support the Freeway Service Patrol (upon appropriation by the legislature). • California State University and University of California – $7 million for transportation research and workforce training (upon appropriation by the Legislature). • Preapprenticeship Programs – $5 million annually for five years to assist local agencies to implement policies to promote preapprenticeship training programs. • Loan Repayments – The Department of Finance will set a repayment schedule which must conclude by June 30, 2020. The amount of loan repayments are as follows: o $225 million allocated to local streets and roads using existing Section 2103 formulas; o $256 million to the Public Transportation Account, of which up to $20 million goes to local and regional agencies for climate change adaptation planning; and, o $225 million to the State Highway Operation and Protection Program (SHOPP).

Appears in 2 contracts

Sources: Transportation Funding Agreement, Transportation Funding Agreement