CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE amending Ordinance 126000, which adopted the 2020 Budget, including the 2020-2025 Capital Improvement Program (CIP); revising project allocations for the Madison BRT - RapidRide G Line project and certain other projects in Ordinance 126000 into the 2020-2025 Adopted CIP; and ratifying and confirming certain prior acts.
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WHEREAS, the Madison BRT-RapidRide G Line project is identified as a priority project in The City of Seattle's ("City") 2012 Transit Master Plan and the Seattle Department of Transportation's (SDOT) 2015 Move Seattle 10-Year Strategic Vision for Transportation, and includes committed funding from the 2015 voter-approved Levy to Move Seattle and regional voter-approved Sound Transit 3 program; and
WHERAS, the City has made substantial progress in a years-long effort to meet requirements for $59.9 million in "Small Starts" Capital Investment Grants Program funds from the Federal Transit Administration (FTA), and the FTA's consultant has recommended that SDOT is ready to enter into a Small Starts Grant Agreement once it completes certain actions to increase the project cost and local funding commitment by $12.2 million over the 2020 adopted Capital Improvement Program (CIP); and
WHEREAS, $7.282 million of the additional funding is included in a pending Memorandum of Agreement (MOA) with Sound Transit; and
WHEREAS, the City must commit to the remaining $4.918 million in additional local funding before moving forward on a Small Starts Funding Agreement; and
WHEREAS, the $4.918 million is available from Levy to Move Seattle revenues in the form of project savings of $4 million from the Lander St. Bridge project, and $918,000 from funding previously allocated to the currently deferred Fauntleroy Green Boulevard project; and
WHEREAS, the City must meet this condition by September 2020 in order to secure the Small Starts Agreement by the end of 2020 so the ...
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