FUNDING IMPACT. This Fiber Optic License Agreement will increase the annual revenue for these fibers from $265,566 to $314,668 for a net positive increase in revenue of $49,102 per year for a total of $245,510 for the intial term of five years. RECOMMENDATION:
FUNDING IMPACT. Project Manager: Xxxxxx X. Xxxxxxxxxx Project Department/Office: Office of Real Estate and Station Planning (LAND) TIMELINE: Previous Actions 2011 -- Prior Board approval of a similar transaction that was not consummated. 2011-2012 -- Negotiation of new transaction, including a proposed purchase contract and a declaration of covenants. Anticipated actions after presentation Next 24 months -- Signing the purchase and sale agreement, rezoning of the property, appraisal of the property's value, Board approval of the appraised value, FTA approval of the transaction, and closing. RECOMMENDATION: Board approval to negotiate and enter into a purchase and sale agreement to sell 41,068 square feet of land above the Congress Heights Xxxxx Xxxxxxx south entrance. Washington Metropolitan Area Transit Authority Congress Heights (South) Purchase and Sale Agreement for Sale of Land Planning, Program Development and Real Estate Committee December 6, 2012 Purpose • Board approval to negotiate and enter into purchase and sale agreement for land around southern entrance of Congress Heights Xxxxx Xxxxxxx Background – Site Location Congress Heights Xxxxx Xxxxxxx south entrance Background – Business Terms • Land includes 41,068 square feet (0.94 acres) • Metro parcel has limited value on stand-alone basis • Purchaser owns the properties on two sides; combined sites have increased development value • Price: Greater of $3 million or appraised value as rezoned • Timing: Closing scheduled within approximately 24 months after contract signing • Metro operations on site to be maintained and protected Recommendation
FUNDING IMPACT. The Contract is funded by the SFMTA’s annual Operating budget. These funds are budgeted annually in the Streets Division Operating budget and cover the annual cost of the Contract. The Amendment will not require an increase to the annual Operating budget. Monthly Contract Costs: • System Equipment Lease $926 per approach per month • Program Administration $2,573.89 per approach per month One-Time or As-Needed Contract Costs: • Construction Design Services $7,834.38 per approach • Construction Consultation Services $728.95 per approach • Third-Party Damage Repairs varies (detailed pricing in Contract) • Tree Services varies (detailed pricing in Contract) From Notice to Proceed on November 6, 2018 to May 30, 2023, $2,833,821.17 of the Contract has been expended. Below are estimated annual operating costs for the additional years requested in the Amendment. Years six to ten include a $286,269.86 contingency per year for unforeseen third-party damage repair and tree trimming costs. Year seven is only an estimate of when the additional 8 approaches might be active.
FUNDING IMPACT. This agreement does not authorize the expenditure of any funds. A funding plan will be developed specific to each task order. It is anticipated these task orders will be funded through the Fixed Guideway Capital Program. The FY21-FY25 Capital Improvement Program was approved with over $50M of funding dedicated to programmatic categories eligible for this type of work. These types of grants use 20% local funds to leverage for the remaining 80% which come from federal funds.
FUNDING IMPACT. Funding for this project is coming from the SFMTA operating funds.
FUNDING IMPACT. A. Any such benefit rate adjustment shall not interfere with or have cause to negatively impact Kansas benchmarks for the child care subsidy program which would include a downward adjustment to the income eligibility limit of 185% of the current federal poverty guideline or an upward adjustment of progressive family share deductions (co-payments/cost sharing) currently capped at 10% of the household income.
FUNDING IMPACT. None. ENVIRONMENTAL REVIEW On September 27, 2022, the SFMTA, under authority delegated by the Planning Department, determined that the Second Amendment to the Transit Shelter Advertising Agreement with Clear Channel Outdoor, Inc., is not a “project” under the California Environmental Quality Act (CEQA) pursuant to Title 14 of the California Code of Regulations Sections 15060(c) and 15378(b). A copy of the CEQA determination is on file with the Secretary to the SFMTA Board of Directors and is incorporated herein by reference.
FUNDING IMPACT. The 2015 Transportation Sustainability Fee (TSF) legislation granted lower fee rates for projects with development and environmental applications submitted on or before July 21, 2015. Mission Rock is one such project. However, the negotiated agreement includes a commitment to pay a Transportation Fee that is equivalent to the full TSF for all of the development, with the exception of 100% affordable housing buildings. These fees will amount to about $45 million over the phases of the project; the Transportation Exhibit to the DDA sets the fees at the current (2017) rate, with annual adjustments. Per the TSF ordinance, fees will be paid upon City issuance of construction documents for specific phases or buildings. Through the ICA, the SFMTA will recover costs associated with staff review and contribution to the implementation of the horizontal infrastructure. ENVIRONMENTAL REVIEW On October 5, 2017, in Motion No. M-20017, the San Francisco Planning Commission certified the Final Environmental Impact Report (FEIR) for the Mission Rock Mixed-Use Project (Case No. 2013.0203 ENV/PCA/MAP/DVA) (Project). On that same date, in Motion No. M-20018 the San Francisco Planning Commission adopted CEQA Findings, a Statement of Overriding Considerations, and an MMRP. As part of the approval of this item, the SFMTA Board of Directors would adopt these CEQA findings as its own, and to the extent the above actions are associated with any mitigation measures, the SFMTA Board of Directors would adopt those measures, and transportation-related Improvement Measures I-TR-1, I-TR-7, and I-TR-10 as conditions of this approval. A copy of the CEQA determination is on file with the Secretary to the SFMTA Board of Directors, and may be found in the records of the Planning Department at 0000 Xxxxxxx Xxxxxx xx Xxx Xxxxxxxxx, and is incorporated herein by reference.
FUNDING IMPACT. This Amendment No. 3 does not increase the budget. ENVIRONMENTAL REVIEW The Central Subway Final Supplemental Environmental Impact Statement / Supplemental Environmental Impact Report (Central Subway SEIS/SEIR) evaluated the environmental impacts of the Central Subway project, including construction of the subway stations. On August 7, 2008, the San Francisco Planning Commission certified the Final SEIR (Case No. 1996.281E). On August 19, 2008, the SFMTA Board of Directors approved Resolution 08-150 adopting Central Subway Project Alternative 3B as the Locally Preferred Alternative, the California Environmental Quality Act (CEQA) Findings, Statement of Overriding Considerations, and the Mitigation Monitoring and Reporting Plan. Amendment No. 3 to the Grant and Cooperative Agreement between the City and County of San Francisco and the Metropolitan Transportation Commission, as described herein, falls within the scope of the Central Subway SEIS/SEIR. The Central Subway SEIS/SEIR is on file with the SFMTA Board of Directors and may be found in the records of the Planning Department at xxxxx://xxxxxxxxxx.xxx/ and 00 Xxxxx Xxx Xxxx Xxxxxx, Suite 1400 in San Francisco, and is incorporated herein by reference.
FUNDING IMPACT. This action is only to grant contract authority. It does not increase the Board Approved FY2009 Operating Budget. When the FY2009 Operating Budget was approved there was not sufficient clarity regarding the financial impact of these contractual matters to budget a sufficient amount in the Office of SmarTrip (SMRT). The FY2009 funding for this contract $1,200,000 will be sourced in the purchased services category of the operating budget. The total annual budget for purchased services in rail and bus mode is $80.9 million. As of February 2009, the year-to-date actual expenditures have been $43.2 million. The remaining unexpended budget is $37.7 million. In addition, the financial impact of this action has already been factored into the costs and assumptions underlying the Proposed FY2010 Operating Budget currently being reviewed by the Finance, Administration and Oversight Committee. Approval of the increased contract authority being requested in this action can be accommodated without requiring any increase in budget authority. Budget: Fiscal 2009 Operating Budget Office: SMRT (68100) This Action: $1,200,000 Remarks: see above It is estimated that the regional partners will contribute a total of $295,000 each year in support of the RSMA. Amount Cumulative Amount $11,952,429 $11,952,429 $12,710,898 $24,663,327 $ 1,200,000 $25,863,327 $ 1,200,000 $27,063,327 $ 1,236,000 $28,299,327 $ 1,273,000 $29,572,327 $ 1,311,000 $30,883,327 $ 1,351,000 $32,234,327 Base Contract Total Prior Modifications This action 2008-2009 2009-2010 estimated 2010-2011 estimated 2011-2012 estimated 2012-2013 estimated 2013-2014 estimated RECOMMENDATION:
