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05 May 27, 1993 Special CommissionRIVERSIDE COUNTY TRANSPORTATION COMMISSION SPECIAL MEETING THURSDAY, MAY 27, 1993 9:00 A.M. RIVERSIDE COUNTY TRANSPORTATION COMMISSION 3560 UNIVERSITY AVE., STE. 100 RIVERSIDE, CA 92501 Conference Room "A" AGENDA 1. CALL TO ORDER. 2 PUBLIC COMMENTS. 3. AGENDA NOTICES/REVISIONS. 4. SURFACE TRANSPORTATION PROGRAM DISCRETIONARY FUND PROGRAM EQUITY CALCULATION USE. Overview This item was continued from the Commission's May 12th meeting. This is for discussion and clarification regarding the intended use of the "equity" calculation for the Surface Transportation Program Discretionary Funds for non -planning projects. 5. PROPOSED FY 1993/94 RIVERSIDE COUNTY TRANSPORTATION COMMISSION, MEASURE A, SERVICE FOR FREEWAY EMERGENCIES BUDGET. Overview The proposed FY 1993/94 Budgets for Riverside County Transportation Commission, Measure A and Service Authority for Freeway Emergencies are presented to the Commission for further discussion. Adoption of the budgets is scheduled for the Commission's June 9th meeting. 6. CLOSED SESSION (if necessary) 7. ADJOURNMENT. RIVERSIDE COUNTY TRANSPORTATION COMMISSION May 24, 1993 TO: Riverside County Transportation Commissioners FROM: Naty Kopenhaver SUBJECT: Addition to May 27th Commission Agenda The following items were received after the May 27th Special Meeting agenda was mailed and they will be introduced as "latebreaking items" at the meeting: o City of Corona Local Streets and Roads Financing Request In June 1989, the Commission approved the use of Measure A funds for lengthening and widening of the Smith, Maple, and Lincoln overcrossings, in the City of Corona, to accommodate future Measure A highway widening projects on Route 91. RCTC agreed to fund a proportionate share of the project costs for the overcrossing lengthening and to loan the City of Corona funding to cover its proportionate share of the project costs for the overcrossing widening, pending approval of the Interchange Improvement Program policies and project list. In order to expedite the project, RCTC agreed to a loan from the Measure A Highway Program to cover the City of Corona share of the project. This agenda item recommends that RCTC approve the City of Corona's request to arrange for approximately $$5.43 million in Local Streets and Roads financing for repayment of its share of the Smith, Maple and Lincoln Project. o Passenger Rail Bond Measure - Special Election A memorandum received from Assemblyman Richard Katz stated that he will be pursuing placing a $1 billion transportation bond measure on the ballot for a special election this November to fund California's rail program which will create jobs while improving transit throughout the State. Unsuccessful passage of Proposition 156 has left a $1 billion "hole" in funding the adopted 7-Year State Transportation Improvement Program. nk